GK294 - Fire Protection and electrical systems specialist

Fire Protection and electrical systems specialist ? Offering almost all Fire Protection and Electrical Services to the Domestic, Commercial, Industrial and Retail sectors. Ref No: GK294 Asking price: ?1,000,000 Business highlights include: 2022 Turnover ?1.449m Adj Profit after all costs ?305,405 NAV ?24,000 Location: Essex Introduction: Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital of a leading fire and electrical systems specialist ? offering a complete range of Domestic, Commercial & Industrial Fire Protection and Electrical Services including: Domestic Commercial / Industrial 24/7 Call Out Service Installation, Repair & Maintenance. Inspection, Testing & Certification. Kitchen Electricals. Bathroom Electricals. Security Alarms & CCTV. TV, Satellite, Phone & Data Points. External Garden Lighting & Power 24/7 Call Out Service Design & Build Electrical Installation Services Design & Build Fire Alarm System Installation Design & Build Emergency Lighting Systems Electrical Inspections, Testing & Reports Data Wiring Systems Project Management / Service Management / Complete Site Services Key strengths: The Company has the following key attributes: ? High levels of recurring revenue ? circa ?400k per annum. ? Extensive customer base across residential, commercial, industrial and retail businesses: 68 contracts. ? Nationwide coverage. ? Long established sub-contractor relationships. ? Long standing managemnet team ? Run fully under management ? Small workforce ? Very well established ? highly respected within the industry. ? Accreditations include, *Member of the British Fire Consortium. *NICEIC Approved Contractor Scheme *NICEIC Domestic Installer Scheme. *NICEIC Approved to provide Electrical Safety Inspections to the Private Rental Sector. *Health & Safety Chas accreditation ? Highly skilled, expert and trained staff. ? Complete turnkey operation. The Company provides an acquirer with: ? An excellent bolt on for a business already operating within the fire, electrical & security systems sector. ? An ideal starter business for anyone looking to establish a foothold within the fire, electrical and security systems sector. Financial performance: For the financial year ended 31st December 2022, the business achieved a turnover of ?1,449,000 with an adjusted profit after all management costs of c?305,000. Of that turnover some ?1.05m was derived from commercial customers. Offers are now invited for a sale of 100% of the Issued Share Capital of the Limited company based on a Balance Sheet value of ?24,000 with a ? for ? adjustment to the final sale price to reflect any movement away from this benchmark figure.

For more information on GK294 - Fire Protection and electrical systems specialist talk to Turner Butler Limited (Business Broker)