ELECTRICAL CONTRACTORS in the North East of England for Sale.
Professional electrical contractors run from the North East but operated throughout the United Kingdom providing electrical installation services primarily on large projects and developments with an annual turnover of circa £1.8 to £2 million and impressive profits in excess of £375,000 (EBITDA in excess of £390,000 and adjusted net profits in excess of £408,000) on latest available accounts and the accounts to 31/7/2021 expected to be even better.
This really is a genuinely rare opportunity to acquire a well-established electrical contractors which enjoys an excellent reputation and has a forward order book taking it to circa 15 months in to the future. Working for a number of blue chip and regional clients, this is an ideal acquisition for an existing electrical contractor or a business from an associated sector.
Our client does turn work away fairly regularly to maintain the current business side rather than create exponential growth.
EPC Band D.