Electrical Services Business for Sale Specialist In Four Core Sectors: Commercial Electrics; Electric Vehicle Charging Point Supplier & Installer; Domestic Electrical Works; and Industrial.

Confidentially offered for Sale

Ref Number: ES02-ABS
Asking Price: £400,000
Location: Hampshire

Asking price : £400,000 excluding company cash.

Turnover for last financial year: circa £374,000 p.a. (growing year on year) 

Pre-tax profits: Prior to directors’ drawings are in excess of £150,000 p.a.

Key strengths: 

•  High quality of work.
•  Exceptional levels of repeat business
• Trustworthy, highly skilled and loyal staff.
• Very Profitable business.
• Long established and well reputed.
• Huge room for growth and expansion.

Business Profile: 

The successful purchaser will acquire a successful highly profitable well-established electrical services business, with a large client base.

Core sectors: This successful electrical services business consists of four core sectors: the first provides Domestic Electrics; the second is Electric Vehicle charging point supplier & installer, the third core sector is Commercial Electrical works and the fourth Industrial.

Establishment: Since 2014, the company has provided exceptional service, a high quality of work, by trustworthy electricians

Approvals and accreditations: The National Inspection Council for Electrical Installation Contracting (NICEIC) contractor and approved Rolec EV car charge point supplier & installer, Office for Low Emission Vehicles (OLEV) accredited installers.

Region serviced: Covering Hampshire, Surrey, London and South East England

Growth and expansion: The business has little need to advertise as the majority of business comes from repeat clients, referrals, and the Company website together with the Checkatrade approval & guarantee. The company enjoys superb branding with regular work from 2 stable well-established Domestic/Commercial customer base that guarantees 720 to 960 jobs a year (i.e. 60-80 jobs a month) with the chance to grow national with these companies. In addition to this the company receives more than 2400 Checkatrade enquiries a year and with more resources in place could maximise the huge potential this represents. Furthermore, the company is an emergency electrical contractor for a well-respected property management firm.

Staffing: Experienced and dedicated workforce in place, totaling six employees. There are four full-time electricians plus two part-time, highly experienced electricians. In addition to this the company has a pool of trusted sub-contractors it can call upon when required.

Advertising & Marketing: The Company grows by enjoying the finest forms of marketing: word-of-mouth recommendations and repeat business. The company has a superb and effective website, and it utilises the Checkatrade platform to keep the company growing year after year. 

Opening Hours: Monday: Friday 8 AM-5.30 PM, Saturday: 8.00 AM-1.00 PM

Support and training: The owners will provide the successful purchaser with full support during the handover. 

Reason for sale: The owners wish to take a well-earned break, following which they are looking to pursue business interests within a different sector.

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To Register Interest or to seek additional Information, please contact Abercorn Business Sales e-mail: expert@abercornbusinesssales.com or telephone: 0800-246-1313

Commercial Finance:
Abercorn Business Sales are specialists in highly confidential off-market business sales. Should you require commercial finance, we have a panel of leading commercial finance brokers with access to the whole market to enable you to source the best possible terms.

Call today on 0800-246-1313 or email at expert@abercornbusinesssales.com or visit our website www.abercornbusinesssales.com

Attention Business Owners. We are always in search of quality buyers waiting for you, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Abercorn Business Brokers.