| (REF: GK181) Electrical Contractor Specializing In Temporary Electrical Power & Lighting |
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| Seller Reference: |
GK181 |
| B4S Reference: |
14863 |
| Asking Price: |
£399,000
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| Net Profit: |
£98,000 |
| Sales Revenue: |
£305,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Send enquiry for more details. |
| Location: |
Hampshire, Hampshire, United Kingdom |
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Established approximately fifteen years ago by the current Owner following an extensive career in the electrical contracting sector, this business was formed specifically to provide temporary electrical services to construction sites.
Operating primarily within the south east of England, this business supplies, installs and maintains electrical systems durng the complete construction process. With the bluest of blue chip Client bases which reads like a ‘Who’s Who’ of the construction industry, including virtually every main contractor operating in the south east, this business has grown to become one of the leading providers within its specialist market sector. Contracts frequently extend to two years and more.
This business delivers a first class service from the initial design stage through to the successful completion of large construction projects. With an extensive inventory of equipment consisting mainly of transformers and mains distributions units (MDU’s), this is a full service business offering a detailed specification and cost, or a budget quotation at pre-tender stage. Following approval, this business supplies all the materials to connect site electrics which is then managed and maintained throughout the contract, eventually being removed on contract completion.
This business’s commitment to quality and safety is paramount. All work is carried out to the highest standards and all plant and equipment, which is wholly owned by the business is quality approved and complies with the relevant standards. The business also issues all the periodic testing certificates, risk assessments and method statements to accommodate Health and Safety policies. All staff are fully trained, very experienced, highly skilled, qualified engineers, with many having been with the business for a number of years. Staff are helpful and friendly whilst maintaining a professional attitude and high standard of workmanship at all times.
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Lease Terms: |
The business currently operates from a home office environment so will need to be relocated. Its plant and equipment is stored in a number of local ‘lock-ups’ when not out on site. |
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Living Accommodation: |
No |
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Having been established for fifteen years and with an owner with extensive contacts within the sector this business has never felt the necessity for heavy investment in marketing and advertising. It has an extensive network of Client contacts and such is its industry reputation and Client relationships it is frequently taken from Client to Client when Contracts Managers, Quantity Surveyors and key contacts in Buying Departments move from company to company – whilst still managing to retain the original company relationship. As a result the overwhelming majority of its business comes from repeat business and strong word of mouth recommendation, testimony to its excellent reputation within the industry for reliability, integrity, competitive pricing and high levels of customer service.
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The current Owners will provide full business familiarisation, training and handover to ensure a smooth transfer of the business to new Owners. |
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This is a genuine retirement sale. |
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Is this a home-based business? |
Yes |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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The Owner and Managing Director is responsible for the overall performance of the business supported by two fully qualified electricians who undertake installations and maintenance. One electrician is a fully qualified Tester. The business also draws on tried and tested sub contract electricians as and when required. |
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