Intelligent Business Transfer are extremely pleased to offer for sale this fantastic acquisition or bolt on opportunity, operating in a high turnover sector. Dealing in the electrical and heating services sector, our client has painstakingly built, nurtured and maintained a long established and respected business with solid client database and existing contract work.
For sale due only to our client leading up to a well earned retirement, this is a fantastic addition to any existing operator within the same or similar sector. This would be a possible fit for a well funded partnership, or investor buyer, the business represents an excellent return on investment over a few short years.
The annual turnover is consistent and there is a superb set of long historic accounts that delivers a gross profit in the region of 25% and annual adjusted net profits of around £500,000.
Well worthy of further investigation, the business has a genuinely realistic asking price in respect if the type, style and opportunity on offer here.
The main services of the business, but not exhaustively, are installation and maintenance of gas, oil, LPG heating & plumbing, full electrical services, domestic and commercial service plans, testing and safety checks and renewable energy.
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