Asking price: £300,000

Sales revenue: £365,000

Net profit: £28,370

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This commercial electrical contracting company was established by the current owner in 1993 becoming a limited company four years ago. The business's expertise lies mainly with the commercial and industrial sectors and includes electrical design and installations, electrical testing, reactive maintenance and call-outs, inspection and electrical surveying and the provision of technical reports.

A sound creditable business it has developed to become recognised as a company of choice. The business take pride in their work, all jobs are undertaken with quality workmanship using properly branded materials and are always asked back for more business by the client base. The well trained workforce are well looked after and offer loyalty to the company in return.

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. All work is carried out in compliance with NICEIC (National Inspection Council for Electrical Installation Contracting) guidelines, guaranteeing a high level of workmanship.

The owner is dedicated to the business and would like to see it evolve. His drive and determination has made the business into the successful, company that it is today.

Equipment:

The company owns and maintains all necessary machinery, tools and vehicles to undertake the levels of quality work it attracts.

Customer Service:

The business provides excellent customer service and advice for any electrical contracting requirements as it understands the importance of what other people say tomorrow after the job is done and the need to be there when the client requires you to be.

Key Strengths:

The business is known for the high standard of all its electrical contractor services and workmanship, plus offering value for money. With many years of experience in the industry the business has established an enviable reputation for competitive pricing and high levels of client service. The business has an excellent, loyal team of highly skilled staff who make every effort to maintain the strength of client relationships. This is directly and positively reflected in the amount of new business won from existing clients.

Well established the business has a good management structure in place and has undertaken work for a variety of business and government departments. The business employs an individual approach and builds a friendly, workable relationship with clients who return time and again in the certainty that their project will be delivered to their complete satisfaction, fulfilling their objectives on timing, quality and budget. One of the key strengths of the business is its ability to continue to grow and win significant new business in this market.

Years established: 1993

Employees: The business employs four staff including two electricians and two apprentices. The owner’s wife is employed as office manageress. Casual labour is employed as required. Staff are helpful and friendly whilst maintaining a professional attitude at all times.

Relocatable: This business can be relocated.

Property: Freehold

Location
The business is fully relocateable. No premises are available with this business.

Expansion potential
A new owner with extra investment funds and renewed vigour will be able to target additional areas of opportunity, which could include for example, major house builders, other major building contractors and expanding the current client base. The owner of the business has never felt the need for extensive and expensive advertising, and this may be seen as a developmental point by a new owner.

Competition / Market
To date the Company has invested limited money on marketing. The Company is recognised for its expertise within its relevant fields of operation, and therefore most of its work comes via word of mouth. The Company delivers what it promises. The directors recognise that investment in updating the company website would be a valuable asset.

Support & training
The owner will stay on to facilitate a smooth handover and would consider retention on a part time consultancy basis to further develop the business.

Reasons for selling
The vendor now wishes to take life a little easier.