Electrical Maintenance For Sale

Business description

A building services business concentrating on electrical maintenance is for sale. It provides mainly planned maintenance directly to clients via term contracts. It also provides electrical installation services. There is strong potential to increase sales from within the existing client base. All of its business is of a repeat nature either through term contracts or framework agreements with clients mainly in the commercial sector. It will turn over circa £1.5M this year and has gross margins averaging circa 40%. The Asking Price for a balance sheet with a Net Worth of circa £0.4M is £0.75M

Property information

Property:

Leasehold

Location:

trading estate adjacent trunk road

Other information

Expansion potential:

Good growth opportunities from existing client base

Competition / Market:

Serves clients direct via term contracts. This enables client retention and keeps competition at bay. Market is consolidating. This works in company's favour as clients want to give it the work of some of its other suppliers. The threat is being unable to resource the extra work

Support & training:

as required

Reasons for selling:

owner wants to work fulltime on his other business interests

Trading hours:

standard

Related documents:

• 
• summary19.19

Contact the seller