Sold. Electrical Engineering And Contracting Company

Electrical Engineering and Contracting Company

Ref.IG024
Location Preston, Lancashire
Asking Price £ 110,000 plus stock at valuation

This Electrical Engineering & Contracting Specialist was established by the current vendor some 25 years ago and in that time has established itself as a truly professional and competent organisation providing a highly skilled range of services to both the industrial and commercial sector.

As well as providing traditional electrical contracting services the business has become a bit of a specialist with regards to emergency lighting systems, fire systems, motor control panels, sub-stations and the like. It also undertakes commercial work and has worked on new build high specification developments, both commercial and residential. It also does public sector works for the local council.

The operation has gained extensive knowledge of a wide range of installations within this arena and as a fully accredited member of The ECA(Electrical Contractors Association) carries out on site testing and maintenance for customers. Situated on the outskirts of a large and busy city, this business services predominantly the industrial and commercial sector but there is no reason why a new owner could not diversify its services to include domestic and emergency call out if so required. The customer base is something to be proud of with many clients having long term relationships with the company ensuring excellent future revenue streams and continuity for a new owner.

Expansion Potential
The business has down-sized in recent years through choice. The vendor now operates within a smaller geographical radius and has reduced his staff levels., A new owner could easily expand again such is the demand for this businesses services.