Electrician For The Commercial, Domestic & Agricultural Market For Sale

Business description

Turner Butler have pleasure in offering this well established family run electricians operating in a rural west country location with a strong and well established customer base in the domestic, commercial and agricultural communities.

The business was established in 2002 and has subsequently built a regular customer base of around three hundred clients. The core revenue stream comes local builders, housing associations, letting agents and domestic clients. The commercial agricultural market makes up the final tranche of cash flow giving a well balanced and regular work flow.

The business has an excellent relationship with its suppliers who deliver goods direct to site on demand. This negates the need to carry large stock levels and also assists financial stability. A good measure of the businesses work flow is the proven issue of circa two hundred and fifty invoices per annum.

Customer Service:

This is a local business serving the local community, which does not set out to be the cheapest in the market but offers excellent service with pragmatic pricing. There is some competition in the area but the quality and reliability of the service has helped to establish this business as a main provider in the locality.

Key Strengths:

• Well established
• Good regular client base
• Wide spread of customers
• Controlled overheads
• Profitable business
• Strong reputation

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The company generates a revenue stream of around £100,000 per annum with gross profits in the region of £60,000. Net profits are circa £41,000 with assets of £5000 in the form of two vehicles.

Property information

Location:

The business would need to be relocated as it is presently run from the private premises of the vendor

Business Operation

Expansion potential:

The business has been developed to a size suitable for the requirements of the directors and could be grown with the implementation of a balanced and ongoing marketing strategy.

Competition / Market:

The business has two fully liveried vehicles. The company would benefit from a comprehensive web site.

Reasons for selling:

The vendor has established a property portfolio, which he has decided to develop further. He would be available to facilitate an extensive handover to ensure the ongoing success of the business he started in 2002.

Employees:

The directors son who is a recently qualified electrician would wish to remain with the business thus giving an excellent level of continuity.

Years established:

2002