Business DescriptionThis Electrical Services business has been operating for many years and has been awarded industrial projects up to $2.5m, realizing 20-30% GM
Projected revenue for FY2020 $5m (in line with the average for the 4 past years), and should return a full-time owner approximately $700,000 EBITDA, based on first quarter result.
There is an estimated $2m in contracted work on the books. There is another $5m pending
The business has Energex/Ergon WCQA accreditations to perform works to Underground Construction, Overhead Construction, Public Lighting, Earthing, Large Customer Connections and Civil Construction
Potential includes expanding into Tier 1 contracts, 5G communications roll out
The business currently operates from leased premises on a month to month basis, allowing operational flexibility to a new owner e.g. continue, relocate etc.
The business employs 8 core staff members and uses sub-contractors when required
Operational hours are Monday - Friday 7.00am - 4.00pm. Weekends and Public Holidays are by arrangement
The business sale includes specialist cable installation equipment, and vehicles
SAV (Stock and supplies) carried is approximately $150,000 - $250,000
The Owner is willing to offer a comprehensive handover if required
With the right direction and leadership, the possibilities for growth and profit are endless.
For more information, please contact
0438 189 657