GK189 -Electrical Maintenance Contractors
Advert ref: #4532
Category: Electrical
Location: England -> North -> Tyne and Wear -> Newcastle upon Tyne
Category: Electrical
Location: England -> North -> Tyne and Wear -> Newcastle upon Tyne
Business for sale
Asking Price:
£195,000
Turnover:
£421,000
Annual profit:
100k to 149k
Audited accounts:
Yes
Management accounts:
Yes
Business description
This family run business was established 25 years ago and in that time has built up a name as an honest, reliable and trustworthy company with a reputation for their quality of work . They specialise in electrical installations, repairs, testing, servicing and maintenance with a large proportion of their work coming from housing associations. They do however have a growing database of commercial clients with their work caried out primarily in the Tyne and Wear area.The company offers their clients a first class service with weekend and emergency call out facilities from a team of fully qualified and experienced electricians, who offer friendly and expert on-site assistance.
Their clients are primarily reputable housing associations with a number of maintenance contracts with building companies and they are also approved contractors for insurance work. They also benefit from a small amount of local council jobs. This is regular all year round business with continual work in progress from a database of circa 100 clients of which regular repeat customers are circa 40 in total.
This is a well established easy to run profitable family business with low overheads and a regular all year round flow of work. They have a prime database of established clients and this would be an excellent acquisition for a company who could benefit from direct contact supplying housing associations and insurance work.
Employee details
Fulltime staff:
11
Parttime staff:
0
