Overview
Description
The company is an electrical contracting provider, offering a wide variety of electrical installation, maintenance and safety inspection services to the housing development sector.
The shareholders are offering the company for sale as part of their retirement plans, but would be willing to remain with the company in a reduced capacity should the buyer choose.
In addition, the shareholders are willing to provide a mutually agreeable handover period to facilitate a smooth transition to the company.
Offers invited.
Key Highlights
– Provides its services to clients operating within the housing development sector.
– NICEIC accredited.
– Serves 10 active clients, 80% of whom provide reliable, repeat business on an ongoing basis.
– Benefits from a stream of new business from private clients, providing a further stream of revenue.
– Strong second-tier management team in place, capable of running the company on a day-to-day basis.
– Offered as a fully relocatable opportunity.
Financial Highlights
– Management turnover in YE23 of £2.6m with an adjusted EBITDA of circa £620k.
High-value pipeline in place worth £2.5 million.
Is this business relocatable:
Is stock included:
Listed By:
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