| (REF: GK205) Electrical Engineering Specialists Design Manufacture |
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| Seller Reference: |
GK205 |
| B4S Reference: |
21960 |
| Asking Price: |
£60,000
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| Net Profit: |
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| Sales Revenue: |
£400,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
United Kingdom |
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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.
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Property: |
Leasehold |
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Lease Terms: |
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. |
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Current Rent: |
The rent is circa £5,000 per annum with rates of circa £1,200 per annum. |
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Living Accommodation: |
No |
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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. |
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The vendor would be happy to help with a smooth transfer of the business in any way possible. |
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The vendor has now reached retirement age. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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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. |
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