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Established Hampshire Electrical Contractor Specializing in New Builds, Commercial and Residential Services for Sale

Undisclosed, Hampshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    27/02/24

  • Advert ID

    607459

  • Reference

    91081-702534 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £2,000,000
  • Turnover: £4,000,000 (£76,923 Per week)
  • Net Profit: Not Applicable

Business Details

Electrical contractor providing comprehensive services to the new build, commercial and residential

The business established in 2005 is a premier provider of electrical services, recognised for its expert team of certified electricians and comprehensive service offerings. This established company has built a reputation for excellence, emphasising safety, quality, and customer satisfaction. With a strong financial performance and a solid market position, the business serves a diverse client base, from large new build commercial projects to residential customers. Their commitment to reliability and efficiency, combined with their innovative approach to electrical solutions, positions them as a valuable acquisition target. The company boasts a robust client retention strategy, underpinned by exceptional service and follow-up care, which has led to sustained business growth. Acquisition of the business presents a lucrative opportunity for expansion into new markets, leveraging their unique selling points and established customer relationships.

KEY STRENGTHS
• Certified and experienced electrical service professionals
• Comprehensive range of electrical services offered including, installation, renewable energy, heating, smart home, electrical testing, certification and maintenance
• Strong market position in the new build sector
• Excellent customer service with high repeat customer retention rates
• Proven track record of financial stability

TURNOVER : c£4m
Adjusted EBITDA c£500k

Read more

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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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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.

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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.

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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 contractor providing comprehensive services to the new build, commercial and residential - 91081-702534 / 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.