| (REF: IH019) Mechanical & Electrical Installations |
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| Seller Reference: |
IH019 |
| B4S Reference: |
06077 |
| Asking Price: |
£750,000
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| Net Profit: |
£400,000 |
| Sales Revenue: |
£1,500,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
London Fully relocatable, Central London, United Kingdom |
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This business was established in 2004 and specialises in the installation of mechanical services mainly to the industrial sector. In addition, the company provides all associated electrical works. 30% of the company’s work is tendered with contracted design and build work. A large proportion of the work undertaken is for mainstream colleges for which this company is an approved contractor, including they College of London.
Customer Service is the cornerstone of the company and it is committed to providing the customer with an outstanding positive experience in all its dealings.
Key assets are found in the business’ established relationships, well-defined customer base with high repeat sales, and its ability to serve clients, supplying the business with a definitive competitive advantage.
Regular repeat business from a multitude of clients is testimony to the business’s unrivalled reputation for quality, innovation and reliability. The business is always willing to supply a range of products outside of their standard specifications.
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Property: |
Leasehold |
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Lease Terms: |
This business is fully re-locatable; therefore no premises are included in the sale. |
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Living Accommodation: |
No |
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At present, the business does not spend on advertising, relying solely on word of mouth recommendation and sterling reputation. |
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Showing good growth this business has consistently achieved turnover in excess of £1,500,000, this is an excellent opportunity for a new entrant in the marketplace to assume the goodwill built up as a result of the current owner’s efforts. This business has achieved an excellent reputation for quality and service with recognised business name. Consistent growth will be achieved by building on this success. |
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Full support and training will be provided to the successful purchaser. |
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The current owner is selling the business due to family commitments. |
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Is this a home-based business? |
No |
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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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Monday – Friday 9.00 am – 5.30 pm |
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The business employs a total of four full time staff consisting of one Office Manager, two Finance Officers and one Contracts Manager. Part time staff consist of seven self-employed labourers and an additional eight sub contract teams. |
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