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Profitable Electrical Engineering Business in Bedfordshire with Nationwide Services

Undisclosed, Bedfordshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    23/10/23

  • Advert ID

    601523

  • Reference

    INT2885 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £299,975
  • Turnover: £908,192 (£17,465 Per week)
  • Net Profit: £122,708 (14% Profit margin)

Business Details

Electrical Engineering Business With Established Client Base


    A profitable opportunity has arisen to purchase an established electrical contractor business mainly working within the commercial and light industrial sectors of construction and engineering. Work is typically carried out within an 80-mile radius of Bedfordshire although the business works on a nationwide basis.

    Their core business comprises office fit outs (Cat A for landlords, Cat B for tenants). They also work directly with other sectors including light engineering, industrial, schools, retail merchants and more. The business offers a variety of services including mains distribution, lighting and power, fire alarm systems, data network cabling, access control, CCTV and call systems, alongside Electrical Installation Condition Reporting for commercial and domestic premises.

    Their impressive client list expands to a diverse variety of companies across the UK, with direct clients comprising local engineering companies, schools, property management companies and consultancy agencies – they boast a high percentage of successful tenders. Typical projects run anywhere from circa £20K - £280K.

    The business has maintained a stellar reputation throughout the years and now concentrates on project work, providing a professional and efficient service with good quality installation at a competitive cost – their expertise and knowledge has been key to maintaining strong client relationships.

    With ample scope for growth when it comes to office fit outs, social media developments and advertising strategies, an ideal buyer for our business may already be within the M&E or general construction sector looking to expand, which the business would allow them to do immediately with an established client base carrying out high-quality commercial projects across a good geographical area.
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    Contact Agent

    Contact the seller for more details, or book a viewing

    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.

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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.

    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.

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    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.

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    The data showed regarding this advert 'Electrical Engineering Business With Established Client Base - INT2885 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.