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East Anglia Electrical Contractor Business - Specializing in Rewires and Vehicle Charging Points for Sale

Undisclosed

CONFIDENTIAL SALE

  • Turnover: £659,000 (£12,673 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited
  • Company for Sale

Business Details

AN ELECTRICAL CONTRACTOR OFFERING A VARIETY OF SOLUTIONS

East Anglia.
YE23 turnover of £659k, with an adjusted EBITDA of £197k achieved in the same year.
A YE24 draft turnover of £821k, with an adjusted EBITDA of £224k
Provides a wealth of services, including rewires, extensions, new builds, fault finding, shopfitting, electrical testing, office fit-outs and vehicle recharging point installations.
Operating regionally, the company services 10 active commercial and industrial clients, and benefits from high retention rates.
Client base includes a multitude of industrial and commercial clients, alongside a steady stream of private clients. 
Our clients are now offering the company for sale as part of their retirement plans. 
Operates from leasehold premises. 
Offers invited. 

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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 'AN ELECTRICAL CONTRACTOR OFFERING A VARIETY OF SOLUTIONS - 170236 / 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.