Electrical repairs/Electricians for sale in Greater Manchester

View the "Electrical Distributor/ Switchboard Manufacturer" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Freehold Price: £3,000,000 Annual Turnover: £2,700,000
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Business Description

Intelligent Business Transfer are delighted to be able to offer this superbly well-developed business to the market for the first time since inception. The business is to be sold at a period of acceleration which is evidently displayed in the superb financial figures. The opportunity would be ideally suited for a bolt on purchase within its sector, or horizontally for any complimenting service business.

The business specialises in the selling of electrical switch gear and hold franchises with major manufacturers in the industry.

The company also specialises in all aspects of commercial low voltage switchboards and offers an extensive service for the design, manufacture, national distribution and installation of switchboards that are under 3,200 amps. The business fills a gap in the market and is fully developed in all aspects in the lucrative industry.

The business has a tangible share of the market and operates at a more profitable level than most other firms due to its low overheads and ability to maximise economies of scale with stock and materials. There is a strong pipeline of new clients within the sector to compliment the handful of larger and more sustained contracts.

The turnover for the business is consistent and growing at a fast pace after withstanding testing economic climes. The business’s peak turnover was touching £3,000,000 whereas the EBIT is fairly adjusted to just under £1,000,000. This is attained with a competent team of staff that are managed by a trio of owner operators who have ran the business since inception.

The business really is a stand out opportunity within its sector. The ideal suitor for the business would be demanding scale within an industry with high barriers to entry. There is solid profit potential with the business that is being brought to the market due to the owner’s plans to retire from a hugely successful career within the industry.
Tenure: Freehold

Listed by: Intelligent Business Transfer
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