Electrical Contractors Design and build packages For Sale

Business description

Electrical Contractors Design and build packages for all types of building in the commercial and domestic sector

This business carries out electrical installations, testing and certification on all types of premises. Under current ownership since inception in 1998, the business was established when the owner saw an opportunity in the market to carry out large works for a National Hotel Chain and has seen continuous growth over the last ten years.

Having been established for eleven years this business has experience in every aspect of electrical engineering, undertaking works that vary from minor, maintenance and repairs to complete design and installation projects for major contractors and blue-chip companies.

The business is competitive and adaptable with a personal touch from all employees who believe in teamwork and are in the majority all long serving staff.

The range of products of this business includes Fire Detection and Alarm, Security & CCTV, Emergency Lighting, Domestic Installations, Industrial Installations, Commercial Installations and the provision of technical reports. It has particular Ability to deliver on time to a high standard of workmanship and within budget and an Honest reliable approach to customers with a Commitment to deliver on budget achieving complete projects against difficult deadlines, where this business is particularly well known.

The company has invested in an “INHOUSE” CAD (computer aided design) facility which includes terminal, up to date software and colour plotter. The CAD facilities provide the capability for the company to provide CAD drawings to scale and could provide further business opportunities.

As Investors in people the business has an excellent training program in partnership with local colleges. These efforts in training give the company a competitive advantage with retained trainees all competent in lots of aspects of electrical contracting.

Over the years this business has built up and maintained a prestigious client base across a wide section of the industry with its ultimate Clients including multi-national organisations, local authorities, consulting engineers and major specifiers.

This business’s commitment to quality and safety is paramount. All work is carried out to the highest standards and all materials and accessories are quality approved and comply with the relevant BS codes. All work is certificated in compliance with NICEIC guidelines, guaranteeing a high level of workmanship. The business employs a Health & Safety Consultant and has its own Health & Safety manuals and processes in place, including producing its own Risk Assessments and method statements.

With turnover of approximately £3Million, generating gross profits of £325,000 and a forward order book, this business represents a significant opportunity to acquire an extremely well run and profitable business.

Property information

Location:

The premises are circa 4000 sq ft. and comprise of office and stores, workshop and car parking. The premises are leasehold with five years remaining (2013). Rent is circa £3,750.00 per quarter (£15,000 per annum) with service charge of £300.00 per quarter.

Security:

The premises are fully secures as would be expected for a company of this calibre.

Other information

Expansion potential:

There is an outstanding opportunity to build on the existing services and customer base of this company. With a strong demand for services combined with a capacity to increase turnover, a new owner contributing additional resources such as formally qualified
Administration processes, could make business more efficient to build on an already excellent platform.

This business has established contacts across an extensive Client base – having successfully completed initial projects for a number of Clients. Significant increases in turnover and profitability are available simply by more effectively farming the existing Client base.

Competition / Market:

Having established its sterling reputation some years ago, a high proportion of the business's revenue has been due to its excellent reputation for quality and service, the business regards its existing clients as its best advertisers and maintains and impressive base of repeat clients, whilst continuing to attract new referrals. Along with this there is a constant ongoing review of where they need to be in a changing market to keep them in the front of new potential clients. A company website is currently under construction, the owners recognise that investment in a company website will be a valuable asset and should generate more business. Other advertising includes advertisements in Yellow pages, a direct sales force, Yell.com, Thompson Directory and leaflets and brochures. The business has an excellent company brochure that highlights the company and its products

Support & training:

Full support and training will be provided for a period of time to be negotiated prior to the sale.

Reasons for selling:

Retirement / moving abroad

Contact the seller