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BUSINESS REFERENCE : EV003 / RightBiz EV003-CENTRAL SCOTLAND-£ 1,700,000-SPECIALIST GENERATOR HIRE, SALES & SERVICE COMPANY | | | | | | Specialist Generator Hire, Sales & Service Company plus Electrical Contractors Ref.EV003 Location Central Scotland Asking Price £ 1,700,000 Confidentially offered for sale | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Manufacturing | | TRADE TYPE: | Electrical Manufacturing | | SALE: | Agent Sale | LEASEHOLD: | £1700000 | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
These 2 businesses combine leading specialist generator hire, sales and service and temporary power electrical contracting and are based in Central Scotland, they offer customers a complete one stop temporary power package including the following services:
• Silenced Generators from 10 KVA (Kilovolt-Ampere) upwards, incorporating 24, hour fuel tanks and Earth leakage protection
• Mobile Bunded Fuel Bowsers for road and site towing
• Bunded Bulk fuel tanks, 300, 600, 1000 and 2500 gallon capacity which have been specifically designed to safely hold fuel, both on-site and in transit, and are supplied with feed and return lines which allow automatic auxiliary fuel supplies to the generators or other diesel driven equipment.
• Site distribution boards fitted with breakers to customer specification
• Mains failure panels up to 8OO amp
• 600 kW mobile load banks c/w print out facility
• Temporary power electrical contractors
The established generator hire specialist provides a comprehensive service, the hire of equipment from their extensive fleet, sales and maintenance of in-house generators, fuel management and 24-hour emergency back-up service (generator hire only).
Privately owned by the people who set it up and run by a dynamic and forward-thinking management team who employ a well-trained and experienced work force. From their excellent geographical location the company provides extensive coverage and are able to respond to customers' changing needs.
The wide-ranging hire fleet comprises of generators provides temporary power requirements to accommodate powering site cabins to providing mains failure back-up.
The business fuel storage fleet has grown dramatically in direct response to increased demand from customers for safe fuel storage facilities, and are popular on-site for their versatility and robust design.
The generators supplied by this business are manufactured to the highest grades and perfectly suited to the hire market. Facilities include low oil pressure cut out and earth leakage protection as standard.
Whatever generators customers require, this business can supply all the additional equipment needed to transport, install and run a set efficiently and safely.
An electrical installation service is also available and is an integral part of the business and fully qualified electricians are available to provide on site temporary electrics. The company provides a free site survey service on request and are able to advise of the best electrical solution for individual site requirements.
Customer Service
It is the policy of this business to provide high quality, value for money products and services on time and in accordance with the agreed customer requirements. This quality policy is in line with organisational goals and expectation that revolve around the needs of customers.
Key strengths
This business continues to grow, in terms of its hire fleet, its staff and above all, its expertise in the market, offering power to customers where they need it, when they need it.
Offering exceptional levels of service and dedication to understanding the needs of customers, this business fulfils customer needs with the appropriate mix of service, reliability, products and pricing.
There has been steady growth and expansion since the commencement of the business, much of this has been done without the help of outside funds, further expansion and profitability is just a question of application and additional funding.
Key opportunities
There are many excellent avenues for growth, especially with further promotion within the appropriate market sectors. The strong financial strategy of the company undoubtedly provides opportunity to achieve impressive profit margins
The opportunities for continued success and growth are probably limitless. Being the preferred company of many corporate clients, this will ultimately generate further business.
There is an excellent opportunity to build on the existing base of this company. With a strong demand for services and capacity to increase turnover, a new owner would contribute fresh ideas and outside influence to build on an excellent base.
Growth and Expansion
There is an excellent opportunity to build on the existing groundwork of this company. With a strong demand for existing products and services there is the capacity to increase the turnover and profitability. A new owner would contribute fresh ideas and energy to expand on this excellent foundation.
There are many excellent avenues for growth especially with increased advertising, marketing and promotion, or expanding into the ‘standby’ industrial market.
Premises
The premises are situated in a prime geographical location in Central Scotland and are an extensive facility that is fully equipped and provides well-suited space for this business.
The premises are leasehold with the current rent being circa £18,000 per annum.
Advertising and marketing
Trade magazines, press releases, public relations, direct sales force, local press, trade awareness, direct mail, telesales, leaflets and brochures are used to advertise and market this business.
The business has built up an extensive customer base, providing an excellent foundation from which to grow. The high profitability of the business is also a result of word of mouth recommendations, bearing strong testimony to the reputation the business enjoys, and the extent to which its name is known throughout the industry.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The current turnover is in excess of £1,200,000 per annum with a net profit of circa £320,000.
Employees
The company currently has a staff compliment of 15, and provides a friendly working environment for its employees, who work as a team and are the source of the business strength, providing the skill and intelligence which determine the company’s reputation and vitality.
Support and training
The owner will provide full business familiarisation, training and handover.
Reason for sale
The owner has reached an age where he wishes to retire and is offering the business for sale not only as going concern but also with further significant growth potential. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | EV003 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
