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Electrical services provider in Herefordshire with NICEIC accreditation available for sale

Undisclosed, Herefordshire

CONFIDENTIAL

  • Turnover: £710,000 (£13,654 per week)
  • Profit: On request

Business Details

DOMESTIC AND COMMERCIAL ELECTRICAL SERVICES PROVIDER

BASED IN THE HEREFORDSHIRE£600,000 YE25 TURNOVER, £165,000 YE25 ADJUSTED EBITDA.The company is an electrical services provider, offering bespoke domestic new build fit-outs, electrical installation condition reports (EICRs), remedial works, renovation projects and industrial maintenance.The business provides its services to domestic clients and commercial businesses operating within the property and construction industries.Has established a significant number of long-standing client relationships, several of which have been maintained for over decade.Has work booked for approximately 23 clients, as well as several building contractors.The business is NICEIC accredited.Operated from leasehold premises.The company is now being offered for sale to facilitate growth under the impetus of new ownership.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.

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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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