Electrical Engineering Specialists Design Manufacture And Installation Of Commercial | | Undisclosed Manchester | | Electrical Engineering Specialists - Design, Manufacture and Installation of Commercial & Industrial Control Systems Ref.GK205 Location Greater Manchester Asking Price £60,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54522
ADVERT IMPRESSIONS : 19,247 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Electrical Manufacturing | | SALE: | Agent Sale | LEASEHOLD: | £60,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Established in 1996, this business specialises in precise electrical engineering, including the design, manufacture, re-furbishment and installation of high quality commercial and industrial control panels. Trading successfully since inception the business supplies commercial controls and installation services to a variety of industries, including heating, ventilation and air conditioning, utilities, building and works management, on and offshore oil and gas, the food industry, printing and manufacture.
The company prides itself on its reliability and quality of work. Staff employed are highly skilled with continual on going training in place, keeping them at the forefront of the latest advancements in technology.
Formally approved as a supplier to two of the major utilities suppliers in the UK there are also a number of additional high profile customers on their books and a small amount of annual service contracts in place.
The business is approved by CQS Ltd. ( Certified Quality Sytems) and the company is registered ISO 9001: 2008.
This is a profitable company that runs with low overheads from a leasehold industrial unit in Greater Manchester. The business is well established with an excellent name and reputation. There is significant room for company expansion and development within this growth industry sector.
Key Strengths:
• Well established name and reputation
• Independently owned family business trading since 1996
• Full turnkey supplier
• Blue Chip client database with approved supplier status
• ISO 9001; 2008 accredited
• Highly skilled and trained workforce
• Work in progress
• Leasehold industrial unit
• Profitable with low overheads
• Significant room for growth and expansion
Growth and Expansion:
As technology keeps evolving, the need for precise electrical engineering continues to grow. The company is perfectly positioned to take advantage of future growth within this industry sector. The sound foundations created by the vendor and his team should provide the perfect platform to advance the business to the next level.
Employees:
In addition to the owner, there are two other key family directors, (both are willing to work with the new owners). The rest of the team are employed in various positions of administration and electrical engineering including electricians, wiremen, technicians and apprentices. The workforce split their time between the workshop and on site installations.
Premises:
The business operates from an industrial unit of circa 1,200 square feet in Greater Manchester. The premises comprise of two offices and a workshop. Outside there is a yard with ample parking. The building is fully alarmed and the premises are secured with a roller shutter door.
The rent is circa £5,000 per annum with rates of circa £1,200 per annum.
Equipment
There is a small amount of equipment included in the price of the business, plus a van and three cars, all of which are leased.
Financial Information:
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 business has a turnover of circa £400,000 per annum.
Reason for Sale:
The vendor has now reached retirement age.
Support and Training:
The vendor would be happy to help with a smooth transfer of the business in any way possible.
| | | | | | FOR SALE | | | | | REFERENCE: | GK205 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
