Top-Rated Electrical Contractor Business for Sale in London, £250K Turnover
City of London, London
- Status
SOLD / WITHDRAWN
- Date Submitted:
02/11/23
- Advert ID
602111
- Reference
B07627 / Rightbiz
- Call Agent:
- Asking Price: £149,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Highly rated electrical contractors for sale
BusinessPlease quote reference B07627
Hilton Smythe are delighted to welcome to the market M T Electrical Contractors Ltd, a highly rated electrical contractors in South East London that operates across the UK, mainly focused Home Counties and as far north as Birmingham.
M T Electrical Contractors Ltd has been operating for 9 months, with the previous business AC electrical trading for a number of years. It's built up an excellent reputation and regular client base.
The business has now come to the open market due to our clients desire to retire.
M T Electrical Contractors Ltd covers all electrical work including testing and has a catchment area of South East London.
The business ensures all services are done to the highest of standards.
Key selling points -
- Ample repeat trade
- Excellent catchment area
- Handover period offered
- Generates £250k turnover without a website or advertising
- Increase advertising/marketing
- Increase catchment area
- Increase services to existing clients
Location
M T Electrical Contractors Ltd is located in the South East area of London.
Premises
N/A
Tenure
We are advised that this opportunity is being sold on a relocatable busines only opportunity.
Hours
Due to nature of the business, it operates all year round.
Staff
We are advised that the business is run and managed by our client, with the help of 1 self-employed staff member.
Financial Profile
Further financials can be made available upon request.
Contact Agent
Listing Statistics
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Advert pending deletion
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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