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North West - Electrical Contractors For Sale

Formby, Merseyside, UK
Asking Price:
£240,000 Furniture / Fixtures included
Sales Revenue:
£813,840
Cash Flow:
£86,570

Established Since 1979
Accounts Available 31/03/2019
Annual Turnover £813,840
Gross Profit £262,336
Hazardous Site Specialists
Retirement Sale Opportunity
Operates Throughout The UK
EPC - D

INTRODUCTION

Blacks Brokers are delighted to bring the market this electrical contractors business located in Formby, Merseyside.

-.-.-. Electrical Limited has been trading since 1979 and over that time it has earned an enviable reputation and built a large and loyal client base. The business is a hazardous area and forecourt specialist. The business provides the installation of domestic, commercial and industrial properties. The service includes fire alarm and emergency lighting installations, data and CCTV installations, portable appliance testing, maintenance services and shop refits.

LOCATION

Formby is located with the Borough of Sefton in Merseyside. It is an affluent area and the greater area is a popular tourist destination. Formby is 14 miles North of Liverpool.

REASON FOR SALE

The business is only being offered for sale due to our clients’ retirement plans and this has created an exceptional opportunity for a new owner to enjoy this well-established business.

LEASE

The building on Duke Street is a serviced office and as such has flexible terms.

BUILDING LAYOUT AND DESIGN

The business operates all over the UK but has serviced premises predominantly used as an office. The single level offices are fronted by a single vehicle car parking space. The company owns a fleet of vehicles and these are typically kept at the technician’s homes.

STAFF

The business is fully staffed, with 6 electricians, 1 apprentice and 2 additional office staff.

FINANCIAL DETAILS

The business is showing steady growth and delivering solid gross profits. Whilst the business has been trading for many years there are still many opportunities to increase overall turnover.

SUMMARY

-.-.-. Electrical is a well-established electrical contractors that has been trading profitably since 1979. Over that time the business has built an extensive client base and is well known within the industry. With excellent profits and strong annual turnover the business comes fully staffed to ensure a smooth handover. The business is available at an extremely realistic price and therefore we are anticipating high levels of interest in this specialist business. Early action is advised to avoid disappointment.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON - SUN: 08:00 - 16:00
As required and on call

Contact Information

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