Overview
Description
The company is an electrical contracting business that serves the commercial and industrial sectors, primarily carrying out retrofit and fit out works for high-street store, restaurants, nurseries, and hotels.
Demonstrating its commitment to providing exceptional services, the company is NICEIC certified.
The company is now being offered for sale to facilitate retirement plans.
Our clients are open to all types of structured deals, subject to terms.
Offers invited.
Key Highlights
– Has developed strong, long-standing relationships with a number of construction clients that provide reliable, repeat business.
– High client retention rate with the longest client relationship spanning two decades.
– Operating for over four decades.
– Strong second-tier management team that can undertake most daily operations independently, providing a turnkey acquisition.
– Operates from freehold premises.
– Ideal bolt-on acquisition to enable a larger organisation to take advantage of the vast number of projects that the company turns down due to operating at capacity. Alternatively, hiring additional skilled staff would enable the company to fulfil these requests.
Financial Highlights
– Turnover of £1.9m with an adjusted EBITDA of £300k.
– Forecast to achieve a turnover in excess of £2m in YE24 with an adjusted EBITDA of circa £450k.
Is this business relocatable:
Is stock included:
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