Electrical Contractors & Service Providers With Small Shop - Gloucestershire for Sale
Leasehold : £ 235,000
Turnover : £ 4,807 p.w.
ELECTRICAL CONTRACTORS & SERVICE PROVIDERS WITH SMALL SHOP - GLOUCESTERSHIRE
Advised annual turnover of £250,000 with scope to increase
Well reputed with regular and repeat trade
Highly desirable & ideal trading location
Strong trade relationships
N.I.C. approved contractor
Genuine reason for sale
Meridian Business Sales are delighted to offer for sale this very successful electrical sales and servicing business which has a proud history dating back to 1932. Since 1985 the business has been owned by our clients who are only now placing it onto the market due to their desire to take retirement. We are advised that the business which is run and managed by our clients, achieves a very respectable annual turnover of £250,000. This is derived from offering a wide variety of electrical goods and accessories together new installations, rewiring, fault finding and electrical testing for both commercial and private customers. There is scope to increase the trading hours and to upgrade the website, together with a marketing campaign this may further increase income. The business has had a solid trading history spanning over the last 85+ years. It is the oldest established electrical contractor in Gloucester and is exceptionally well known in the local area as the first place to contact for all electrical goods and servicing. The business sees a healthy amount of new customers from good word of mouth recommendations and from the highly visible trading location situated in a superb location. This is a superb opportunity to purchase a long established business, which is a great base to build upon, and as such early viewing is strongly recommended.