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Well-established, Profitable Electrical & Security Systems Contractor for Sale


Leasehold : £ 130,000

Well-established, Profitable Electrical & Security Systems Contractor
Ref. IG033
Location : Central belt of Scotland
Asking Price : £130,000
Founded in 1987, with an excellent reputation for integrity and professionalism, this contracting business has experience in every aspect of the electrical and security systems sectors with an excellent mix of clients within the industrial, commercial and residential arenas. Operating throughout Scotland, this business has successfully completed many large and small contracts, across both the private and public sectors.

Working mainly direct for the client, there is nothing this business canít tackle, providing a full range of electrical and security systems contracting services. As well as its more general electrical contracting projects this business has a base of approximately 300 customers on 12 month on-going maintenance contracts and significant involvement in the servicing, repair and monitoring of fire, intruder and CCTV based security systems.

The business also, installs and maintains systems on water treatment plants and has provided these services to the local council for many years. This demand is expected to continue moving forward and represents a very lucrative part of the business.

This business has maintained a steady and controlled growth throughout its many years of operation, the key to this has been through the development of excellent working relationships with clients fostered by the expertise and experience of its highly skilled staff.

This business believes in delivering exactly what it says it will do. Staff are highly qualified, motivated and regularly update their skills through relevant training and pride themselves on carrying out projects to the highest possible standard within demanding time scales and budgets.

This business s commitment to quality and safety is paramount. All work is carried out to the highest standards and all materials and accessories are quality approved and comply with the relevant BS codes. All work is carried out in strict accordance with BS7671 and the IEE Regulations, guaranteeing a high level of workmanship.

The current financial year suggests growth in terms of sales and profitability. With turnover for last year being circa £163,000, with gross margins of circa 76% being achieved ,this is an excellent opportunity to acquire an extremely well run and profitable, electrical contracting business with a respected name. Approximately 50% (£80,000 p.a.)of current revenues are generated via ongoing maintenance contracts

Staffing: The most important resource of this business is its people. The vendor tends to just oversee operations. He is very much part time (maybe 2 hours a day). The business employs an office manager who is responsible for the day-to-day management of the business and also employs one fully qualified electrician. Fully qualified sub-contract electricians are also called upon as required.
Tenure: The business operates from ideal leasehold premises. It could easily be relocated if need be.
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