Sold. Electrical Maintenance Contractors

Electrical Maintenance Contractors

Ref.GK189
Location Newcastle Upon Tyne – Re Locatable
Asking Price £ 195,000

This family run business was established 25 years ago and in that time has built up a name as an honest, reliable and trustworthy company with a reputation for their quality of work . They specialise in electrical installations, repairs, testing, servicing and maintenance with a large proportion of their work coming from housing associations. They do however have a growing database of commercial clients with their work caried out primarily in the Tyne and Wear area.

The company offers their clients a first class service with weekend and emergency call out facilities from a team of fully qualified and experienced electricians, who offer friendly and expert on-site assistance.

Their clients are primarily reputable housing associations with a number of maintenance contracts with building companies and they are also approved contractors for insurance work. They also benefit from a small amount of local council jobs. This is regular all year round business with continual work in progress from a database of circa 100 clients of which regular repeat customers are circa 40 in total.

Expansion Potential
Whilst the owners have been trading successfully for over 25 years they believe that they have only just scratched the surface in terms of the opportunities that could be achieved by this company in the coming years including taking on more domestic work.

Extra work is readily available to a firm of their outstanding name and reputation. Whilst the company have concentrated their efforts successfully on installation maintenance and repairing of general electrical work they have often had to refuse such work as door entry, fire alarms, emergency lighting and security work. To take on theses projects the company would have to expand their work force with someone specialising in this type of work