Total of 18659 firms and businesses for sale today Tuesday 14th May 2024
Time to Sell or Time to Buy !

Sold. Well-established, Profitable Electrical & Security Systems Contractor

LISTING DETAILS
Firms For Sale ID:
34491
Vendor reference:
BFS3618
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Business opportunity:
Asking price:
£130,000  
Turnover / revenue:
£163,000
Net profit / cashflow:
Undisclosed
Years established:
1987
Employees / staffing:
The most important resource of this business is its people. The vendor tends to just oversee operations. He is very much part time (maybe 2 hours a day). The business employs an office manager who is responsible for the day-to-day management of the business and also employs one fully qualified electrician. Fully qualified sub-contract electricians are also called upon as required.
Business website:

OTHER DETAILS
Reason for selling:
Having worked in the business for a period of twenty seven years the vendor feels the time is right to pass the business on to new owners to build upon the excellent foundations that have already been laid.
Support and training:
The owner will provide full business familiarisation, training and handover to ensure a smooth transition of the business to new owners. This should be a very simple process as the vendor only works on the business on a very much part time basis.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Founded in 1987, with an excellent reputation for integrity and professionalism, this contracting business has experience in every aspect of the electrical and security systems sectors with an excellent mix of clients within the industrial, commercial and residential arenas. Operating throughout Scotland, this business has successfully completed many large and small contracts, across both the private and public sectors.

Market / Competition / Non-Competition Agreements
Having established an excellent reputation for integrity, professionalism and for delivering on time and on budget this business has little need for advertising relying on the most cost effective form of marketing, word of mouth recommendation.