SOLD – Electrical, Plumbing & A/C Firm

Freehold £ SOLD

SOLD

With sales of over £1.7 million, above average gross profit margins and net profits of over £400,000 this is a well established and profitable business for those looking to enter the Scottish market in this field or for those looking to expand an existing business.

The business operates with a team of 26 experienced staff that can run without the day-to-day supervision of the owner. It has a large number of blue chip and housing association customers and a range of suppliers so is not dependent on any single party for any significant portion of its sales or reliant on any one sole supplier in any area of its supplies.


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Type of business
The business provides a comprehensive range of electrical, air conditioning and plumbing services to commercial clients and housing associations. The firm have an excellent reputation of providing a reliable service and doing a good job at a reasonable price. Much of their work is with long standing clients with new work coming mainly from recommendations from property managers, quantity surveyors and via their advert in the Yellow Pages. All divisions trade profitably with gross profit margins after materials and direct wages consistently exceeding 40%.