- Advert ID: 646621
- (Seller ref: 250)
Major Channel Islands Electrical Contractor For Sale
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Summary
- Asking price:
- £600,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- £1,760,000
- Net profit:
- £324,549
- Years established:
- 40
- Employees:
- 11
Business description
Long established with excellent reputation for quality and service. Highly skilled and loyal work force. Same hands for 40 years. Diverse range of customers both commercial and domestic. Excellent opportunities for further expansion in buoyant Channel Islands economy. Enjoy zero Corporation Tax, no VAT or Inheritance Tax.
Property information
- Property:
- Leasehold
- Lease terms:
- New lease to be negotiated. Current rent £30,000 per annum.
Other information
- Support & training:
- The vendor will work closely with the buyer for as long as required to ensure a smooth handover and retention of the many valuable contracts the business holds.
- Reasons for selling:
- Retirement and no family succession.
- Financing available:
- Yes, subject to status, from Barclays International Corporate Banking.
- Furniture / Fixtures value:
- £7,654 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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