Overview
Description
The company specialises in the provision of comprehensive electrical services, undertaking jobs of all sizes for a diverse range of sites.
Operating across the North West, the company is held in high regard within its region for delivering a consistently high standard of service, enabling it to develop relationships with a number of prestigious, blue-chip organisations and gain ongoing contracts with several clients, ensuring that future revenue is secure.
The owner is offering the company for sale as they wish to realise the assured wealth derived from the value of the existing business, its goodwill and potential, whilst facilitating further growth.
Key Highlights
– Services offered include electrical engineering, gate automation, door access, installation and maintenance services.
– Benefits from a significant, diverse client base, with clients including various local authorities and prominent organisations in the construction, education, manufacturing and e-commerce markets.
– Benefits from a high volume of repeat custom, with 80% of clients providing recurring business and several relationships spanning over 10 years.
– Highly skilled workforce in place, including a strong management team, which is capable of managing day-to-day operations with minimal oversight.
– Operates from well-connected premises in North West England, with leasehold and freehold options available.
Financial Highlights
– The company achieved turnover of £1 million in YE23, with an adjusted EBITDA of £164k.
– Turnover is on course to exceed £1.2 million in YE24, with adjusted EBITDA also increasing to circa £228k.
Is this business relocatable:
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