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(REF: 1864)  Electrical Contractors Business in Ayrshire
 
Seller Reference: 1864
B4S Reference: 18895
Asking Price: £449,950
Net Profit: Undisclosed
Sales Revenue: £1,800,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Cumnock, East Ayrshire, United Kingdom
  Business Summary   
  Preferred Commercial is pleased to offer for sale this thriving electrical contractors business, which was established by our client in 1980 and which is only now being placed on the market due to his wish to retire. The business generates a turnover in the region of £1,800,000 per annum with a gross profit of 20%. The company is the main contractor for all the local authorities in Ayrshire and works on new construction projects as well as renovation of existing buildings and also carries out work for open-cast mines. There is immense scope for a new owner to increase turnover by expanding the operation to cover a wider area and approaching more open cast mines for contracts. At present no advertising is carried out. The business runs 15 vans and has 28 employees. We feel this represents a unique opportunity to acquire a well-established electrical contractor's business with an enviable reputation and immense scope for future growth. Early discussions, with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Leasehold
 
  Lease Terms: Leasehold
Original length: 20 years
Remaining: 15 years
Review: every 5 years
Rent: £5,000 per annum
 
  Current Rent: £5,000pa
 
  Living Accommodation: No
 
  Details of Accommodation: Large lock-up industrial unit benefiting from security alarm and CCTV system. Briefly comprising:

Ground Floor
• Office with desking and various pieces of equipment
• Workshop with a variety of tools including cutting tools, portable appliance testers, heat seekers etc.
• Communal WCs
• Kitchen area

External
Parking for 15 vehicles approx.
 
  Location: Millar Electrics Ltd is ideally located in the heart of a busy industrial estate in Cumnock, Easy Ayrshire. The business park boasts ample free parking on-site and is close to a densely populated residential areas along with all local amenities and schools. The business is located close to the A70 and A76. The town lies approximately 13 miles south of Kilmarnock and approximately 16 miles from both Ayr and Prestwick.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon - Fri: 7.30am - 6.00pm
Sat - Sun: Closed





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