Electrical and Mechanical Services Business for Sale in Ipswich Suffolk
Ipswich, Suffolk
- Status
WITHDRAWN
- Advert ID
655058
- Reference
B09732 / Rightbiz
- Call Agent:
- Asking Price: £119,999
- Turnover: £550,000 (£10,577 per week)
- Profit: £89,000 (17% Profit margin)
Business Details
Powering Success – Established Electrical & Mechanical Services Business
BusinessPlease quote reference B09732
CoGoGo is delighted to present to the market an exciting opportunity to acquire a long-established and highly respected electrical, plumbing and mechanical engineering business in the heart of Ipswich.
Established for over 13 years under the current ownership, the company has built a fantastic reputation for delivering high-quality electrical installations, heating, plumbing and mechanical services across domestic, commercial and industrial sectors.
From complete office fit-outs and commercial boiler installations to electrical design, testing and maintenance, the business has become a trusted name for reliability, technical expertise and outstanding customer service.
With an established client base, experienced workforce and excellent online presence, the business is perfectly positioned for a new owner to accelerate growth through additional engineers, renewable energy services, EV charging installations or expanded maintenance contracts. The current owner is now seeking a sale due to semi-retirement, creating a fantastic opportunity to take this already successful operation to the next level.
Businesses of this calibre rarely become available, so get in touch with CoGoGo today!
Location
The business operates from Ipswich, providing excellent access across Suffolk and the surrounding counties. Its strategic location allows the company to efficiently serve a wide range of residential, commercial and industrial clients, benefiting from strong transport links and a thriving regional economy.
Premises
Business Only Opportunity.
Tenure
Business only.
Hours
The current operating hours are:
Monday - Friday: 8:00 am to 5:00 pm
Saturday & Sunday: Closed
Staff
The business operates with an experienced team supporting the day-to-day delivery of projects, ensuring continuity and providing an excellent platform for a smooth ownership transition.
Financial Profile
We are advised that the business generates an annual turnover of approximately £550,000, with an impressive net profit of around £89,000, demonstrating a strong and profitable trading history.
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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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This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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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