Electrical and joinery services business in Louth Lincolnshire available for sale
Louth, Lincolnshire
- Status
FOR SALE
- Advert ID
652958
- Reference
B09674 / Rightbiz
- Call Agent:
- Asking Price: £39,999
- Turnover: £83,000 (£1,596 per week)
- Profit: £18,000 (22% Profit margin)
Business Details
Powering Possibilities – Trusted Electrical & Joinery Services Business
BusinessPlease quote reference B09674
CoGoGo is delighted to bring to the market a well-established electrical and joinery services business that has built an excellent reputation over nearly two decades of successful trading.
Operating across domestic and commercial sectors, the business offers a broad range of services, creating multiple revenue streams and a strong base of repeat and referral customers.
The business benefits from a professional online presence, active social media engagement and a trusted standing within the local community.
This is an ideal opportunity for an electrician, tradesperson or existing operator looking to acquire a respected business with proven trading history and clear scope for further growth.
Location
The business is based in Manby, near Louth, serving a wide-ranging customer base throughout the surrounding areas. Its established local presence and long-standing reputation have helped generate consistent repeat business and referrals.
Premises
This is a business-only sale with no property included. The operation is run from dedicated business premises and is fully equipped to continue trading, offering a straightforward transition for a new owner.
Tenure
Business Only. No property is included within the sale.
Hours
The business operates on owner-set working hours, providing flexibility to suit workload and customer requirements.
Staff
The business currently employs 2 part-time members of staff. These employees could be retained by a new owner, subject to agreement.
Financial Profile
We are advised that the business generates an annual turnover of approximately £83,000, with a net profit of approximately £18,000.
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Listing Statistics
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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