Business Offered For Sale: Domestic and Commercial Electrical Contractors

Description

Business Opportunity:

An opportunity exists to purchase the business and assets of a  South East of England based domestic and commercial electrical contractors.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.

Business Overview:

• · Established business
• · Extensive client list
• · Experience of project in the domestic and commercial markets across the South East of England
• · Pipeline of new business opportunities

Financial Information:

Full Year Accounts to: 31/12/21 (£):

Turnover: 3,669,504
Gross Profit: 1,161,109
Net Profit/(Loss): 362,485

Full Year Accounts 31/12/20 (£):

Turnover: 1,779,443
Gross Profit: 563,129
Net Profit/(Loss): 76,207

Assets Available for Sale:

• · Inventory of owned vehicles and plant and machinery
• · Inventory of commercial vehicles subject financial encumbrance
• · Pipeline of project opportunities
• · Goodwill

Location:

South East of England, UK.

Deadline for Offers:

Indicative offers no later than 26th September 2023, all offers to be supported by proof of funds.

Further Information:

For further information or to request a non-disclosure agreement please contact the Manchester office on 0161 359 4633.