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This high end commercial electrical contractor is a well-established business specialising in commercial and industrial projects. With over 17 years of experience in the industry, this business has built a reputation for quality workmanship, exceptional customer service, and reliable project management.
The business has a diverse client base that includes major corporations, government agencies, and small businesses. The experienced team of electricians are licensed and insured, and equipped with the latest tools and technology to deliver efficient and cost-effective solutions for their clients.
It has been involved in the construction of correctional facilities, highrise CBD developments, aged care facilities, hospitals, and public spaces.
The business has a strong financial track record, with consistent revenue growth and high profit margins, generating a turnover exceeding $6,000,000 in 2022, offering an excellent return to investor. This is a rare opportunity to acquire a well-established, profitable business in the competitive electrical contracting industry, which is highly respected and with a proven track record.
Paul Windle 0410 394 254
Goodwill including Plant & Equipment | $1,230,000 |
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Stock at valuation (approx) | $20,000 |
$1,250,000 |
Year | Sales | Return to Owner | Return on Owner's Investment |
---|---|---|---|
2021/2022 | $6,341,167 | $1,198,644 | 95.89% |
2020/2021 | $7,662,936 | $799,826 | 63.99% |
Current Rent | $7,500 per month incl. GST |
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Lease Term | 3 years |
Lease Commencement | At settlement |
Outgoings | Paid by tenant |
The current vendors own the property and it is anticipated that the purchaser of the business will have the same Lease terms and conditions as listed above.