Sovereign is delighted to bring to market this profitable and comprehensive electrical contracting business covering North Yorkshire. The business specializes in all types of electrical work including rewiring, new housing, CCTV installation, electric car charging point installation, plus all aspects of inspection and testing.
Founded in 1989, the business is easily relocatable and has a rich history of serving the North Yorkshire area with excellent electrical solutions. Over the years, the business has built an impeccable reputation for reliability and expertise.
The trading model operates within an efficient trading radius that is currently completely site-based, therefore the office and administrative aspect of the business is entirely relocatable. The business has now come to the open market due to our client’s desire to retire.
The business is currently owner-managed by two full-time qualified electricians who pride themselves on safety and high-quality workmanship in every project. Both commercial and residential clients appreciate and value friendly electricians who offer honest, reliable, and value-for-money service. The business also has accreditation with Part P Electrical Safety and is an approved contractor of the National Inspection Council for Electrical Installation Contracting.
This viable entity gives the potential for a bolt-on opportunity to an existing operation or an enthusiastic owner-operator to run an already established business with the scope to further develop the business to the next level.
This already profitable business could expand with the introduction of a proactive marketing campaign, social media, and an extensive advertising campaign focused on the future of installation and servicing home/commercial EV charging points.
Annual Net T/O 2022 £314,712 GP £164,749 EBITDA £111,654
Vast Scope To Increase Turnover
Positive Balance Sheet With No Long Term Borrowing or Debt
Ideal Bolt On Opportunity
Profitable ROI
Excellent Reputation
Genuine Retirement Sale
