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UK Busbar, Switchgear & Transformer Installation/Maintenance Company for Sale in Southern England

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    16/05/24

  • Advert ID

    611402

  • Reference

    155804 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £3,000,000 (£57,692 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Busbar, switchgear and transformer installation and maintenance

Offering market-leading busbar, switchgear and transformer solutions, the company delivers a bespoke, end-to-end approach for clients’ projects of all sizes, from site surveys and minor remedial works through to large-scale installations.

The company currently works with 40 active clients in the UK and overseas, operating across the public sector as well as industries such as construction, industrial and high-growth markets.

The business boasts a diverse portfolio of completed projects within premises such as hospitals, data centres and prominent buildings, many of which are operated by well-known organisations.

Our clients are now offering the company for sale to facilitate a planned exit strategy and further business expansion under the impetus of new ownership. Offers invited.

Key Highlights

- Attained numerous accreditations, including CHAS Elite, Constructionline Gold, SafeContractor, ISO 9001, 14001 and 45001.

- An Approved Installer for leading manufacturers, facilitating the installation of busbars and switchgear to suit project specifications.

- Retains strong relationships with numerous prestigious clients, many of which manage multiple premises throughout the UK and overseas.

- Five employees have been identified as suitable candidates to absorb a director’s responsibilities.

- All activities at clients’ sites are undertaken by in-house engineering personnel, ensuring consistent quality standards.

- Operates from leasehold premises based in Southern England.

Financial Highlights

- Generated a YE23 turnover of circa £3m, with an adjusted EBITDA of £657k.

- YE24 outturn turnover of £3.3m and adjusted EBITDA of £750k.

- Turnover is projected to increase to £6m by YE26, with the adjusted EBITDA expected to rise to £1.3m.

- Approximately 95% of clients reappoint the business for consecutive projects and ongoing services.

- Maintains a strong portfolio of active and upcoming works, and has a current confirmed pipeline of £2.4m. The business is continually tendering for new projects, with a further £14m awaiting decisions.

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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 'Busbar, switchgear and transformer installation and maintenance - 155804 / 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.