Maidstone Established Portable Appliance Testing Business For Sale - Maidstone, Kent, United Kingdom

Asking price: £50,000

Sales revenue: £85,000

Net profit: £45,000

Fixtures value: £45,000

Business description: Established Kent based PAT testing company for sale. This is an excellent opportunity to acquire a fully operational business with income from day one. Would suit practical hands on individual or would be a very profitable acquisition for an established operator. PAT testing (Portable Appliance Testing) is a requirement of the Health and Safety Act 1989 for all portable electrical equipment in commercial use. Failure to test would invalidate a businesses insurance. This is not a franchise, there are no franchise fees or agreements and there is an established customer base of 300+ businesses including garages, dentists, vets, hairdressers, pubs, manufacturers etc with excellent repeat orders as retesting is usually required on an annual basis. The sale includes every requirement for an immediate start. There may well be add-on opportunities in fire extinguisher, emergency lighting, and alarm maintenance. Full training and period of continuing support are included. The profit to a hands on owner-operator would be circa £50k p.a.

Years established: 2

Employees: There are currently 2 subcontractors and 1 agency person engaged in the business

Trading hours: Usually 9 a.m. till 5 p.m. 5 days per week

Home based: This business can be run from home.

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Location: Home based

Expansion potential: This is a growth market unless the legislation is relaxed which seems highly unlikely. There is good potential to grow the existing business and add services.

Competition / Market: Competition comes from a range of small operators but they have had little impact on the business.

Support & training: Full support and training in the administartion and technical side of the business will be provided.

Reasons for selling: Other business interests

Financing available? Financing arrangements may be considered.