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Electrical contractor in Essex specializing in industrial automation and EV solutions

Undisclosed, Essex

CONFIDENTIAL

  • Turnover: £1,900,000 (£36,538 per week)
  • Profit: On request

Business Details

ELECTRICAL CONTRACTOR SPECIALISING IN THE INDUSTRIAL AUTOMATION SECTOR

BASED IN ESSEXYE24 Turnover £1,900,000, with a YE26 projected turnover of £2,100,000.The company is a NICEIC-accredited electrical contractor working across the industrial, commercial and domestic sectors. Covering design, installation, inspection, testing, data networking and maintenance, the business provides an end-to-end electrical solution.Cultivated an exceptional reputation and established long-standing relationships with key industrial clients.Regularly enlisted as a preferred contractor and generates recurring revenue through active service contracts.Strong forward order book, which includes a £4 million tender, and high-value projects with various clients.Robust management team capable of overseeing operations post-sale.Operates from shareholder-owned premises, which can be included on a leasehold basis. Retains considerable potential for further expansion into the rapidly advancing market of fast-charging EV solutions. Our clients are offering the company for sale to facilitate retirement plans.Offers invited.
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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.

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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