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Successful Electrical Testing And Commissioning Firm In Lichfield For Sale

Lichfield, Staffordshire, UK
Asking Price:
£600,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£406,000
Net Profit:
£81,000

Testing, commissioning and certification for commercial electrical work, assessing electrical installations required by BS7671. In alignment with clients’ requirements they also carry out PAT and Health & Safety testing where and when required.

Property Information

Property:

Leasehold

Lease Terms:

Annual rolling with three months notice

Leasehold Rent:

£16,000 per annum

Location:

Office unit on a rural business park

Premises Details:

800 sq feet

Business Operation

Expansion Potential:

The opportunities for future sales growth and scalability will be based upon the ability to exploit:

• The company does very little proactive marketing, relying predominantly on word of mouth and a strong reputation. A targeted and effective marketing programme would yield additional growth.

• Stability returning to the UK construction industry, in the ‘Construction Outlook 2018’ published by Glenigan. Growth will be focused outside London and the South East, with project starts in the Midlands, the North of England and Scotland being the strongest performing regions

Reasons for selling:

The current owners have built up a successful and stable business and the opportunity to purchase is due to the intention of the existing owners to retire.

Employees:
9
Years established:
12

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The owners are prepared to accept staged payments for the consideration of the firm

Furniture / Fixtures value:
£12,700 - included in the asking price
Inventory / Stock value:
£35,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact CMC Partners

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