Top Fareham Electricians Business with 8,000+ Clients for Sale in Hampshire
Lee on the Solent, Hampshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
11/11/22
- Advert ID
503551
- Reference
INT2344 / Rightbiz
- Call Agent:
- Asking Price: £85,000
- Turnover: £75,000 (£1,442 Per week)
- Net Profit: £27,000 (36% Profit margin)
Business Details
Established & Reputable Electricians for Sale in Fareham
For sale is an established and reputable electrical business, established in 1994 in Fareham and trading ever since.
With an excellent reputation that has been built over the years, the business has an impressive client list of over 8,000 contacts and previous customers which will be passed on to the next owner during the transition period.
The business also has a Checkatrade membership, boasting an average rating of 10 out of 10 with nearly 350 reviews, the membership history will be transferred.
At present, the business has extensive marketing strategies in place, including being featured on the front page of a local booklet that is delivered monthly to every house in the area.
Their range of services is vast, covering all aspects of electrical contracting. Due to their brilliant customer base and high level of service offered, the business has a number of impressive customers in the area - such as local estate agents that have hundreds of rental properties to be cared for, local communities and a handful of local churches.
This business would be able to sustainably support two qualified electricians or apprentices and the current owner is happy to assist and mentor a potential new purchaser before their retirement, with the scope to expand the business further afield from Hampshire.
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Listing Statistics
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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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.'.
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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
Contact seller
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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