Well Established Electrical Contractors | | Undisclosed West Midlands | | RELOCATABLE ELECTRICAL CONTRACTORS Excellent local reputation with repeat/referral trade A/T: £225,834.87 Adjusted net profits: £49,042.42 genuine scope to increase, Four staff in place Offers in the region of £145,000 Ref: 1222WS | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69672
ADVERT IMPRESSIONS : 10,187 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Electricians | | SALE: | Agent Sale | ASKING PRICE: | £145000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business currently operates from the vendors home, thus the business is being offered on a re-locatable basis
A new owner would need to move the business to a new location within the West Midlands
HISTORY
The business was started originally by the current owner in 1996.
Since its inception the business has established a loyal repeat customer base and has become well known within the locality.
REASON FOR SALE
This is a genuine retirement sale.
FINANCIALS
2010 Annual sales: £225,834
2010 Adjusted Net Profit: £49,042
The adjusted net profit includes £330 for depreciation and a further £5,345 for the leasing of a vehicle, which has now been fully repaid.
We are in possession of the accounts for 2009 and 2008, which reflect stable sales and profits.
These will be made available to an interested party after an initial meeting with the current owner.
SERVICES
The business provides electrical services within the West Midlands to residential clients, which account for approximately 50% of annual revenue, with a further 35% from commercial clients and the balance is generated from word of mouth.
ADVERTISING
The business conducts very limited advertising as the majority of work is from repeat trade or recommendations.
The business has a recently constructed web site included within the sale.
STAFF
The business is staffed by the owner on a full time basis, two full time qualified electricians and two JTL apprentices
OPENING HOURS
Monday to Friday - 7:30am to 4:30pm
SCOPE
The vendor has informed us that new additional revenues can be generated by tendering for larger contracts and by advertising more within the region.
TENURE
Re-locatable
VIEWINGS
A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1222WS / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
