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Business For Sale

ELECTRICAL CONTRACTOR

Attn: Andrew Hudson
'Surrey', United Kingdom, GB
Listing Number: "GK100"
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Asking Price: $795,000 GBP United Kingdom Pounds
Business for Sale Industry: Services: Construction, Contractors  
Reason for Selling: This is a genuine retirement sale.
 

Business for Sale Overview:

Established in 1991, this excellent electrical engineering and contracting business operates throughout the UK, with the vast majority of its work concentrated within London and the M25. Having been established for fifteen years this business has experience in every aspect of electrical engineering, working almost exclusively with a number of small main contractors, undertaking works that vary from minor, small call-out reactive maintenance and repairs to complete design and installation projects for major civil engineering and building contractors and blue-chip companies. The scope of works of this business includes electrical design and installations, reactive maintenance and call-outs, term maintenance, electrical testing and inspection and electrical surveying and the provision of technical reports. It has particular expertise in the fire alarm and security sector and has excellent knowledge and expertise in relation to data wiring resulting in this business often being called upon to install network cabling. It is perhaps in relation to fast track fit outs, however – the deployment of a small number of engineers for an intensive period often working from a basic office, retail, factory or warehouse ‘shell’– achieving the complete fit out against difficult deadlines, where this business is particularly well known.


Property Features and Assets:

The business occupies a very well suited office location in one of Surrey’s busiest commercial centers. Approximately 5 minutes from the local train station and close to the M25 the business has easy access to all parts of the South East via these excellent motorway and public transport links. The premises are leasehold with three years remaining. Annual rent is £8,000 with Rates of £5,000 per annum.


Market Competition and Expansion:

Having established its sterling reputation some years ago, particularly with a small number of major main contractors and many smaller contractors, this business has ceased advertising – even to the extent of having just a standard listing in Yellow Pages. This business knows its reputation and word of mouth recommendation will generate more opportunities for work than it can realistically cope with at its current size.


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