£0 £1000000
£0 £1000000

For Sale

Well established Portable Appliance Testing business for sale

Reading, Berkshire

  • Asking Price: £85,000 +SAV
  • Turnover: We are advised that the average turnover generated as per the 2020/2021 accounts is in the region of £91,000. Further financials can be made available upon request. 

    Please quote reference B06927

  • Tenure: Business Only

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Please quote reference B06927

Hilton Smythe is delighted to welcome to the market, Ace Testing.

Ace Testing was founded by the current owners in 2005 when they identified a need in the market. The business has been a real labour of them accruing many regular and repeat customers along with a glowing reputation.

The business is now being sold, albeit reluctantly and with heavy hearts only due the owners wishes to enjoy a well earned retirement, they are keen to see their beloved PAT testing company pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

From the company’s current base in Reading, the business is able to PAT test anywhere across the South of England. The business is aware that, in these economic conditions and a post COVID world, companies need to budget carefully and so Ace testing aims to keep its testing costs down ensuring that they are one of the most competitive firms offering this service in their area.

The business is highly professional and offers great value for money and offers discounts for companies in the Reading and Greater Reading area.

The business offers its services to business and landlords alike and tests all portable appliances for some of the following business types;

  • Offices
  • Building Sites
  • Schools
  • Doctors Surgery
  • Warehouses
Ace testing are specialists in the testing of all IT equipment including servers and uses the latest PAT testing equipment to test both 240v and 110v appliances, and limited testing on 415v appliances. The business tests in accordance with The Institute of Engineering and Technology code of practice for in service inspection and testing of electrical equipment and is an NICEIC registered PAT testing company. Additionally all staff within the business are City & Guilds qualified.

The sale will include a database of previous and current customers along with the company website (www.ace testing.co.uk) and Facebook page and the business enjoys great visibility on the internet

Scope to improve -

  • Advertising and marketing campaign, 80% of the business currently comes from repeat business and referrals
  • Maximise the use of social media particularly Twitter and Instagram
  • Extend the area geographically
  • Increase the pricing, the business is currently very competitive but there is still scope to increase the pricing.
Reasons to Buy - 

  • A well-established business with an enviable reputation and many existing customers
  • Current owner happy to offer a handover to ensure the continued success
  • Little competition locally
  • Ideal owner managed or partnership business
  • Perfect ‘Bolt on’ to an existing electrical or building company
Hilton Smythe highly recommends early enquiry to avoid disappointment.

The sale of the business includes all equipment commensurate to the running of the business, including -

  • 2 Sign written vans
  • Testing equiptment
  • Leads/Clients

We are advised that the business is owner run and managed, with the help of 1 full-time member of staff. 

Due to the nature of the business, it trades all year round.

Ace Testing is being sold on a relocatable business only basis with no premises.

The business is currently based in Reading, Berkshire and and covers the south of England.

N/A

Tenure
The business is being sold on a business only basis. 

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