Electrical Business For Sale Contracting and Installation – Business Reference BB0519
- ID Ref 0519
- Suburb Brisbane
- State QLD
- Status For Sale
Business DescriptionThis electrical business is an excellent step up for an electrician, small contractor or various contractors joining together as co-owners. The current owner has booked enough work for the remainder of the calendar year, to the amount of over $1,200,000 and will help transition the business to the new owner. The business can be moved to any address as they work throughout Queensland. The business employs 9 electricians and 1 virtual (Sydney) admin person.
- Can be run from any location.
- Includes unencumbered vehicles and equipment
- All customers have businesses that are stable, mature and prompt payers
- High percentage repeat business
- Business is very selective of their contracts but can be expanded considerably
- Large untapped scope for repair work
- The Seller does not advertise as his existing client base keeps him busy
- Seller retiring
- Employees are prepared to stay on when the business is sold
- Good efficient and reliable Suppliers
- Turnover for this year will be in excess of $1,200,000
Selling Price Business: $440,000 WIWO
Adjusted Net Profit: $171,000 + pa
Broker: Ray Dye 0411 428 776
For further details about this lucrative electrical business for sale, please complete the Confidentiality Agreement quoting the business reference number BB0519.