Project Switch – Electrical contractors and control system engineering business

Fourth generation professional auctioneers and valuers

Click here to find out more

View Flyer

BUSINESS FOR SALE – PROJECT SWITCH

An opportunity to purchase the business and assets of an established electrical contractors and control system engineering business.

OVERVIEW OF BUSINESS

  • The business offers a complete project services from the design, build installation and commissioning.
  • Established business having traded for 25 years
  • Trades from leasehold located in central England.
  • 17 Members of staff which includes the Company’s directors
  • Significant investment in company operating practises
  • Members of various trade associations.
  • Operates under various ISO quality assurance standards

 

FINANCIAL INFORMATION

Year Ended 31 December 2019

Turnover                         circa   £ 1,950,000

Net Profit                       circa    £  (116,500)

Year Ended 31 December 2018        

Turnover                        circa   £ 2,400,000

Net Profit                       circa    £      16,000

 

ASSETS INCLUDE

  • Goodwill
  • Unencumbered Plant & Machinery
  • Office Furniture & IT Equipment
  • Motor Vehicles
  • Stock
  • IPR incl Domain name
  • Any interest in encumbered and leased vehicles and equipment

Interested parties will be required to sign a non– disclosure agreement to receive further information.

Please complete the form below to receive the NDA.

 

 

OVERVIEW OF BUSINESS

  • The business offers a complete project services from the design, build installation and commissioning.
  • Established business having traded for 25 years
  • Trades from leasehold located in central England.
  • 17 Members of staff which includes the Company’s directors
  • Significant investment in company operating practises
  • Members of various trade associations.
  • Operates under various ISO quality assurance standards

Following receipt of a completed NDA, the following documents will be provided:

  • Copies of accounts for Y/e 2018 and 2019
  • Profile of staff
  • Copies of property lease
  • Schedule of assets, including identification of encumbrances or third party ownership
  • Copies of equipment vehicle finance or lease agreements
Close

EXPRESSIONS OF INTEREST

Interested parties are requested to specifically register their interest and interact with Mark Isaacs FRICS at JPS Chartered Surveyors , who are acting as agents on behalf of the proposed Administrators.

All offers must be received by 12.00pm Monday 28 June and be able to complete within 5 working days.