ES02-ABS-Electrical Services Business for Sale Specialist In Four Core Sectors: Commercial Electrics; Electric Vehicle Charging Point Supplier & Installer; Domestic Electrical Works; and Industrial.

Asking £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 Commercial Electrics; the second is Electric Vehicle charging point supplier & installer, the third core sector is Domestic 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 a stable well-established commercial customer base that guarantees 720 to 960 jobs a year (i.e. 60-80 jobs a month). In addition to this the company receives more than 2400 Checkatrade enquiries a year and with more resources in place could maximize the huge potential this represents.

The company has huge scope for growth and expansion, with repeat customers being the foundation of this successful and profitable business. The company can expand nationally as they service several large firms would willingly use this company’s services throughout the country – the business has the capacity to double in size within one year should a new owner wish to pursue this!