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Mechanical And Electrical Contractor -west Midlands For Sale

UK
Asking Price:
On request
Turnover:
£1M - £5M
Net Profit:
Available on request

Specialises in undertaking electrical and mechanical works, offering a comprehensive range of services, from minor works to full turnkey projects.

The company also provides a number of hazardous area services, including installations and inspections of electrical equipment in explosive atmospheres, all of which are completed to the relevant international standards.

Demonstrating its attention to detail and commitment to success, the business has a multitude of accreditations, such as ISO 9001, and is a Silver Member of Constructionline.

Our clients are offering the business for sale to pursue other, unrelated business interests.

Offers invited.

Key Highlights

- Primarily works with many blue-chip and prestigious clients operating in the industrial and commercial industries, such as automotive, engineering, manufacturing, logistics, and waste management.

- Currently working with 36 organisations, 90% of whom provide reliable streams of ongoing revenue.

- Has recently started targeting higher value work from the commercial and industrial sector.

- Operates from leasehold premises based in the heart of England.

- Scope for growth by utilising its NICEIC accreditation and expanding its hazardous area services.

Financial Highlights

- Turnover of circa £2.07m achieved during YE22, with an adjusted EBITDA of circa £164k.

- Forecast turnover of £2.1m for YE23, with an adjusted EBITDA of circa £287k.

Forward order book value of £2.7m. Large order to be placed in the upcoming months which is estimated to generate £550k of revenue.

Property Information

Property:

Leasehold