Electrical Engineering Specialists In Greater Manchester For Sale

Business description

Electrical Engineering Specialists - Design, Manufacture and Installation of Commercial & Industrial Control Systems

Established in 1996, this business specialises in precise electrical engineering, including the design, manufacture, re-furbishment and installation of high quality commercial and industrial control panels. Trading successfully since inception the business supplies commercial controls and installation services to a variety of industries, including heating, ventilation and air conditioning, utilities, building and works management, on and offshore oil and gas, the food industry, printing and manufacture.

The company prides itself on its reliability and quality of work. Staff employed are highly skilled with continual on going training in place, keeping them at the forefront of the latest advancements in technology.

Formally approved as a supplier to two of the major utilities suppliers in the UK there are also a number of additional high profile customers on their books and a small amount of annual service contracts in place.

The business is approved by CQS Ltd. ( Certified Quality Sytems) and the company is registered ISO 9001: 2008.

This is a profitable company that runs with low overheads from a leasehold industrial unit in Greater Manchester. The business is well established with an excellent name and reputation. There is significant room for company expansion and development within this growth industry sector.

Key Strengths:

• Well established name and reputation
• Independently owned family business trading since 1996
• Full turnkey supplier
• Blue Chip client database with approved supplier status
• ISO 9001; 2008 accredited
• Highly skilled and trained workforce
• Work in progress
• Leasehold industrial unit
• Profitable with low overheads
• Significant room for growth and expansion

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 business has a turnover of circa £400,000 per annum.

Property information

Property:

Leasehold

Lease terms:

The rent is circa £5,000 per annum with rates of circa £1,200 per annum.

Location:

The business operates from an industrial unit of circa 1,200 square feet in Greater Manchester. The premises comprise of two offices and a workshop. Outside there is a yard with ample parking. The building is fully alarmed and the premises are secured with a roller shutter door.

The rent is circa £5,000 per annum with rates of circa £1,200 per annum.

Business Operation

Expansion potential:

As technology keeps evolving, the need for precise electrical engineering continues to grow. The company is perfectly positioned to take advantage of future growth within this industry sector. The sound foundations created by the vendor and his team should provide the perfect platform to advance the business to the next level.

Reasons for selling:

The vendor has now reached retirement age.

Employees:

In addition to the owner, there are two other key family directors, (both are willing to work with the new owners). The rest of the team are employed in various positions of administration and electrical engineering including electricians, wiremen, technicians and apprentices. The workforce split their time between the workshop and on site installations.

Years established:

1996

Other information

Support & training:

The vendor would be happy to help with a smooth transfer of the business in any way possible.