Relocatable & Long-Standing Electrical Testing Company

Berkshire
REF: INT1855

Asking Price:
£59,950
Annual Turnover:
£37,541
Annual Net Profit:
£12,836
REF: INT1855
Photo of Relocatable & Long-Standing Electrical Testing Company

Overview

Tenure:
Relocatable
Established:
1999
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Equipment Included

We are delighted to welcome to the market this unique opportunity to acquire a trusted and reputable company, which offers PAT inspection and testing services across the South East and North West of England.

The business was first established in 1999 and has operated successfully over the past 20 years, whilst also building up a brilliant reputation and a loyal, repeat customer base.

The business mainly inspects and tests appliances, before then formally reporting the results. Upon completion, every tested appliance will receive a passed or failed label and is logged to an asset register. Alongside this, the company also runs repairs, as well as completing wiring and various other electrical jobs.

They use the latest, most sophisticated equipment and software to ensure customers receive the very best service and have peace of mind, that their appliances are fit for purpose.

Over the years, the company has attracted a large customer base of over 400 clients, with excellent customer retention rates. Most of the customers are B2B, from corner shops up to blue-chip companies. They also have a focus on the film industry, counting several large-name brands as their customers.

With equipment included, this thriving business would be perfect for a number of buyers but may be especially well-suited to someone with an electrical background. However, it would be more than possible for the new owner to undertake courses to become qualified, if required.

This business is run from home, with customers in both the South East and the North West of England. Due to this, the company is offered on a relocatable basis.

Currently, the business works with three freelancers, who complete testing jobs. Alongside this, the present owner also completes quite a few site visits. The company only works with experienced, professional City & Guilds qualified engineers, in order to provide customers with the best possible service.

All equipment is included in the sale, which should ensure the new owner can get to work immediately following the acquisition.

The current owner is happy to consider an initial transitional period, in order to ensure there is a smooth and efficient business handover.

Although a lot of the company’s work is completed by freelancers, the current owner does complete a lot of site visits. Due to this, this thriving business would be the ideal opportunity for a buyer with an electrical background. However, this business would be perfect for a number of buyers, as the new owner could choose to become qualified by undertaking some courses.

So far, this business has grown organically. Apart from the company website, they haven’t invested in any advertising. The new owner could opt to invest in a marketing budget, to attract more customers.

Furthermore, PAT testing has now become mandatory, so this should source plenty of trade.

The new owner has huge potential to build on the already successful and trusted name of the business, whilst also expanding into other areas of the country.

Features

Key Information

  • Services Offered: Health & Safety

Reputation

  • Google: 5

Online Presence

Location

Loading...
  • Home Based

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup