25-Year Established Electrical Contractors Business with High Client Return in Hertfordshire for Sale
Undisclosed, Hertfordshire
- Status
FOR SALE
- Date Submitted:
29/06/23
- Advert ID
515811
- Reference
Project Edison / Rightbiz
- Call Agent:
- Asking Price: Price on Application
- Turnover: £284,000 (£5,462 Per week)
- Net Profit: On request
Key Features
- Established Business
- Retirement Sale
- Offers Invited
- Accounts Available
Business Details
Reputable Electrical Contractors For Sale
- 50% Share Sale
- Reputable company
- Based in the South East
- Established for 25 years
- 90% return clients
- Handover period negotiable
Offered for sale is 5% shares in a reputable family owned electrical contractors based in the South East of England. The company has been established for 25 years.
Provide a range of services across London and areas of the Home Counties to Domestic customers and Commercial and Industrial clients.
The company has an excellent reputation and relationship with a number of clients and companies in the sector, and boasts an excellent rate of return with approximately 90% of clients returning for further works.
An excellent bolt on for an existing electrical contractor looking to expand or a company in a complimentary sector.
The company holds a strong position to expand works outside of London and increase domestic customer base.
Both Directors are open to negotiating a handover period to ensure a smooth transition between owners.
For more information, please contact GS Verde Corporate on 0330 107 8498.
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
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