Precision Electrical Company For Sale

Business description

This well run, busy and profitable Electrical company services both the commercial sector and domestic sector in Norwich and Norfolk. It specialises in design and installation of electrical systems including business and domestic systems, access systems, security systems, roller doors and automatic gates.
The majority of work is undertaken to order and stock is kept to a minimum as components per job are matched with customer orders, thus keeping working capital strong. Revenues and profits have been consistent and the new buyer will benefit from strong, sustainable profits growth. There is a qualified, knowledgeable and committed team to support the new owner.

Sunbelt Agent:

Other information

Expansion potential:

The business has relied upon repeat orders and accordingly has not pursued a concentrated sales drive through marketing for other business. For a new owner there are excellent opportunities to obtain significantly more work from the existing customers as well as utilising the new Website for targetted expansion.

Competition / Market:

To date the business has relied upon the quality of it products; and success has been achieved through word of mouth recommendations and repeat business. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and the company regards its existing clients as its best advertisers and maintains an impressive base of repeat clients, whilst continuing to attract new referrals. The business is in the process of introducing an excellent and informative website which showcases the business and gives detailed information on the goods supplied.

Reasons for selling:

Other business interests

Financing available:

Sunbelt Norfolk has an excellent relationship with Lloyds/TSB who are interested in lending for the purchase of this business

Furniture / Fixtures value:

£12,000 (included in the asking price)

Inventory / Stock value:

£9,000 (included in the asking price)