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ELECTRICAL & BUILDING SERVICES CONTRACTOR

Seller: Attn: Andrew Hudson
Location: Scottish Central Belt, United Kingdom, GB
Listing Number: "GK172 "


Asking Price: $1,400,000 GBP United Kingdom Pounds
Industry: Services: Construction, Contractors
Reason for Selling: One of the shareholders has decided to retire
Year Established: 2003

Overview of the Business:

This business was acquired 6 years ago by the current vendors and has grown continually, becoming a significant force with a reputation for the quality of its service and reliability. It has established itself as one of the leading independent electrical and building services contractors, challenging the nationals for substantial contracts. The business operates from a prime location in the Scottish Central Belt and services a variety of industries including, but not limited to, hospitals, schools/colleges and construction. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, first class service and attention to detail. Reliable, highly professional and always customer focused, this Business has 6 years experience in providing specialist electrical and instrumentation services to the pharmaceutical, manufacturing and petrochemical sectors, as well as hospitals, schools and colleges.


Property Features and Assets:

The business operates from leasehold premises with a rolling lease on a purpose built Industrial Estate. Annual rent is charged at circa £16,000 including rates. The premises are well appointed and consist of offices, workshop, warehousing and amenities.


Market Competition and Expansion:

The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.


Additional Details:


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