Suppliers and Installers of Garage Doors and Own Manufactured Automatic Gate Systems Plus Some Electrical Contracting (Industrial and Commercial Only) - South West

Price : £180,000

Business Reference No. 12713

  • Long and well established
  • Highly skilled and loyal workforce
  • Good customer base including many regular clients
  • Profits greatly from highly beneficial purchasing discounts
  • Turnover £580,000
  • Adjusted Net Profit £114,000
  • Real scope considerable for further business expansion
  • Strong reputation and good levels of repeat and recommended business
  • Genuine retirement sale but owners are willing to remain for an agreed period if required to assist with transfer of the business
  • First time on market
  • Realistically priced

THE BUSINESS : Established in 1984 by the current directors (2) then in partnership, the business was incorporated in October 2005. The company is owned by the former business partners, now directors, on a 50/50 shareholding basis.

Originally the business concentrated on electrical contracting work but over time it has been significantly developed into other areas of activity. Today the business is mainly focussed on a) the supply and installation of garage doors and b) on own manufactured automatic gate systems, whilst electrical contracting work represents the third and smallest element of total work undertaken....

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