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Established South Yorkshire Lighting & Electrical Business for Sale - Contracts & Expansion Potential

Undisclosed, South Yorkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    12/04/23

  • Advert ID

    511521

  • Reference

    B07299 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £89,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well established Lighting and Electrical business for sale

Business
Please quote reference B07299

CoGoGo are delighted to welcome to the market a highly rated Lighting & Electrical contractor based in South Yorkshire. 

The business was established by our clients in 2002, building up an excellent reputation and repeat client base.

The business has now come to the open market due to our clients desire to relocate overseas. 

They offer the highest standards of work carried out by professional qualified engineers. They pride themselves in their total commitment in providing excellent customer service.

Services include -

  • Lighting Diagnostics
  • Lighting Repair & Maintenance
  • DALI Ballast Reprogramming
  • Luminaire conversions and analysis
  • LED's
Key selling points -

  • Contracts in place
  • Extremely well established
  • Scope for expansion
  • Well know and highly respected company
  • Approved bodies - NICEIC Approved Contractor, CHAS Approved & Safe Contractor Approved
Scope to improve -

  • Expand catchment area
  • Increase advertising


Location
The Lighting and Electrical business is located in South Yorkshire.



Premises
Occupies an industrial unit

  • Housing all equipment with ample storage and racking system
  • Office space


Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a rolling agreement. The rent is £10,000 per annum. 



Hours
The current trading hours are -

Monday – 08:30 – 17:00
Tuesday – 08:30 – 17:00
Wednesday – 08:30 – 17:00
Thursday – 08:30 – 17:00
Friday – 08:30 – 17:00
Saturday - Closed
Sunday - Closed




Staff
We are advised that the business is run and managed by our clients. 



Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £117,000. Further financials can be made available upon request. 



Read more

Contact Agent

Contact the seller for more details, or book a viewing

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.

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

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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.

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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.

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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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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