Total of 18346 firms and businesses for sale today Friday 15th May 2026
Sold. Domestic Electrical Contractor Sales & Repair Service
LISTING DETAILS
Firms For Sale ID:
24716
Vendor reference:
GK185
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£149,950
Turnover / revenue:
£461,000
Net profit / cashflow:
Undisclosed
Years established:
21
Trading hours:
The business is open for trading from Monday to Friday from 8.00am to 6.00pm.
Number of employees:
8
OTHER DETAILS
Reason for selling:
After over twenty happy, prosperous years in this business, the owner now wishes to pursue other business commitments
Support and training:
The business runs smoothly and is simple to administrate. The current owner will provide all necessary training and all relevant contacts to allow continuity of trading
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold, there are currently five years remaining on the lease. The leasehold is renewable.The current rent payable for the premises on a monthly basis is £5040.
BUSINESS DESCRIPTION
Domestic Electrical Contractor Sales & Repair Service
Ref.GK185
Location Midlothian, Scotland
Asking Price £149,950
This established business has been operating for over twenty-one years. A true success story, this profitable, high profile electrical contractor provides a versatile repertoire of domestic services. The business offers a full range of electrical services, carried out by skilled, qualified electricians who are equipped with fully stocked vans.
All aspects of electrical work are undertaken for mainly domestic customers. The business has five vans, and conducts Amtec testing. In terms of software the business has VTR accounts. This is an excellent opportunity to acquire a well established Electrical Company with and strong reputation for quality and service. There is significant repeat business and a diverse range of customers, both domestic and commercial.
The business which is run and managed by the owner achieves a very respectful annual turnover of £461,000. This is derived from offering a variety of electrical goods and accessories together with a servicing and repairs facility which specialises in white goods such are lamps etc. All work is carried out in compliance with NICEIC (National Inspection Council for Electrical Installation Contracting) guidelines, guaranteeing a high level of workmanship.
The business prides itself on a friendly, first class service, being big enough to cope and small enough to care and offers the new buyer or investor a superb operation that is fully insured to carry out all types of work and contracts. This is not an opportunity to be missed, this highly profitable long standing business is a turnkey operation which has great potential and already has a reputable name to it.
Expansion Potential
Personal, dependable service has brought growth and expansion, but the company policy is still focused on a continued commitment to provide high quality service to customers.
The business has carried out minimal advertising activity, with a strong demand for existing services, due to an excellent track record; there is capacity to increase the turnover and profitability. A new owner would contribute fresh ideas and energy to expand on this excellent foundation