Business DescriptionThis impressive electrical business is a leading brand in the region that services the growing demand for electrical supplies and installation, renewable and solar energy and battery storage in the residential and commercial sectors of the Mid North Coast of NSW. The business has excellent systems in place and presents a fantastic opportunity to purchase on a leasehold basis with a freehold option available.
The business has been established for over 25 years and has a strong brand presence while also being supported by a large and qualified team. Its reputation is built on the level of service it delivers to its clientele and the reliability of its products, with the highest standards and expectations being key to the success of this business.
The business enjoys high margins, limited competition, diverse projects in niche and growing markets, strong brand recognition, multiple revenue streams and the option for freehold purchase.
This is an exciting opportunity for an existing contractor to expand their geographical footprint or add electrical contractor services, or as the first entry for a private equity group. Current clientele includes general contractors, home and business owners, property managers, as well as government agencies.
The adjusted Net Profit to the working owner for EOFY2018 is circa $500,000 which represents around 59% return on the business asking price.
If you are interested in finding out more about this quality opportunity, please contact Ian Jones directly on 0402 111 500 or contact 1300BROKER.