Asking price: £225,000

Sales revenue: £131,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This professional business undertakes all electrical installations. Established in 1984, the business has provided its clients with a broad range of specialist electrical control services since inception. The business does a lot of specialist work for the food market and agricultural sector and also has plenty of work in the domestic market. With 24/7 cover for major customer accounts the business offers reliability and competitive pricing.

The company prides itself on the quality of its workmanship and it is this attention to service and detail that has enabled it to continually trade successfully since 1984. This is the perfect opportunity for a business to expand its existing operation by acquisition or for an individual to buy a business in a prime position for growth and expansion based on rock solid commercial foundations.

This is a firm where quality work and customer satisfaction are always the top priority. There is nothing electrical that cannot be undertaken and work is always cost effective and fully guaranteed.

Equipment:

Computerised SAGE Accounts software

Customer Service:

This business is the natural choice of customers old and new. Its reputation for quick response, quality work and fair pricing has meant it has thrived. This business is dedicated to providing 100% customer satisfaction, making every effort to satisfy the requirements, however big or small of existing and potential customers. It is this flexibility and willingness to “go the extra mile” that has fuelled its growth to date. This is further demonstrated by the exceptional levels of repeat business and customer loyalty the business enjoys. This business provides quality services at highly competitive rates and clients receive a professional and efficient service.

Key Strengths:

Specialists in all electrical installation including industrial, agricultural, domestic installation and repairs. The company is able to respond quickly and positively to client demands and over the years has built up a reputation for reliability.

This business is well positioned for future growth in this market place having excellent knowledge and experience of the industry and in its specialised fields, which keeps them ahead of any competition.

Years established: 1984

Employees: The owner employs one full time apprentice with additional workers as required.

Property: Leasehold

Lease terms
A new Lease would be in place at circa £10,000 per annum.

Location
The business currently operates from Leasehold premises which are located in semi rural location. There are two purpose built stores of approximately 70 x 30 sq. ft. and an office on the first floor of circa 15x30 sq. ft. A yard is also available with the premises.

A new Lease would be in place at circa £10,000 per annum.

Expansion potential
There is a great opportunity to expand on the rock solid foundations laid down by this business. The company is currently managed to a size that suits the owner, there is plenty of extra work available and could be doubled by instigating an effective sales and marketing campaign, increasing the geographical area of operation, sending mail shot’s to prospective customers and advertising in local and regional papers and journals.

Competition / Market
The business has never found the need for advertising, work comes from its well respected name and via word of mouth recommendations. The owner recognises that investment in a company website would be a valuable asset and could attract new customers and more business.

Support & training
The owner will fully assist with hand over and training and would be willing to stay on a part time consultancy basis.

Reasons for selling
The business is for sale due to the health of the owner.