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Electrical Contractors
For Sale
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Description : |
Electrical Contractors
Ref.GK156
Location Worcestershire
Asking Price £ 375,000
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity. The two Directors have developed the performance of this company over 20+ years with great energy and drive. The company was incorporated in 2004 and the business has continually been successful in improving turnover and profitability throughout, including recently securing a new large contract and futher probability for yet another in the near future.
The company has been NICEIC registered since 1990, with the registration now including Part P certification.
The dynamic leadership of its two Directors has built a solid foundation for a new owner to develop further with renewed energy and vision.
The opportunity to acquire this soundly managed business comes reluctantly due to the wish of both Directors to retire along with a health issue. The business is therefore priced for an uncomplicated sale and represents a superb opportunity for either a larger similar company seeking a geographically located bolt on, or indeed perhaps an ambitious sole operator or partnership.
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Staffing : |
The company currently employs 7 staff including the two Directors, along with a small team of trusted sub contractors. |
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Tenure : |
Leasehold Premises: 3 year lease
Square footage circa 1000 square feet
Rent: £724.77 per month
Rates: £1090 per annum |
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