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Mechanical & Engineering Services Business in Devon for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    24/05/22

  • Advert ID

    295888

  • Reference

    B06829 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Mechanical and Engineering Services Provider

Business
Please quote reference B06829

Established in 2012, our client’s business is a reputable electrical, mechanical and fabric company situated in the South of England, which provides M&E (Mechanical & Electrical) Services to Exeter through to the wider South West and London Area. It offers M&E services for Commercial and Industrial building projects. On a day-to-day, the company provides a variety of installations from minor bathroom installations to major boiler room installations and fabric upgrade works. The company estimates the break-up of its services to be:

  • Electrical/Mechanical – 75%
  • Fabric/Small Building Works – 25%
With over 30 years’ experience in the trade, the business is a well-established company with a strong footing in both commercial and industrial sectors.

By virtue of this experience and by providing a high quality of service, the business enjoys a strong reputation with its clients, who all offer repeat custom to the business.

To be exact, the services include:

  • Air Conditioning installation
  • Pipework installation and maintenance
  • MVHR Unit installation and maintenance
  • Gas and Boiler installations
  • Ventilation installations
  • Pump Fittings, installations, and repairs
  • Heating System installations and repairs
Highlights -

  • Successful M&E service provider, servicing London and the South West.
  • Current custom is built on exclusively repeat business, providing both security and potential to find new customers.
  • Great scope for growth with B2C opportunities
  • Potential to create new custom with investment in marketing and advertising.
Opportunities -

  • Introduce marketing/advertise to generate new as opposed to solely repeat custom.
  • Branch out into B2C as opposed to B2B services.


Location
The business is based in the South of England. 



Premises
Operating out of a leased premises.



Tenure
We are advised that the business is offered on a leasehold basis.



Hours
Given the nature of the business, it operates all year round. 



Staff
We are advised that the business has staff in place. 



Financial Profile
  • 2023 turnover IRO £1.5m
  • 100% share sale
  • Prospective purchasers will be required to sign an NDA.




Read more

Contact Agent

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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