ABS Business Sales

Business Description

This local family owned well established electrical business that has been trending upwards since commenced operations in 2013 and does electrical services, air conditioning and solar.

In addition to the owner, there are 3 electricians with fitted out vehicles ready to go to serve customers from Northern NSW, the Gold Coast and up to the southern edges of Brisbane.

This electrical business is on track for a turnover of over 1 million dollars this financial year with earnings of approximately $300,000 in the financial year 2021 and projected to $400,000 for the financial year ending 2022.

A new owner would need to be qualified and hold a contractors License. Training is offered to ensure a smooth transition.

It is a home based business with four vehicles with customised fitouts including sign writing, ladders, ladder racks and a trailer. The plant and equipment and stock has a value of approximately $150,000.

Services provided are electrical installation and maintenance services for their broad range of domestic and commercial customers as well as air conditioning installations and solar installations and repairs.

A new owner could benefit from the year on year increase in turnover and profit or ramp things by increasing the commercial side of the business, as it has a solid reputation with commercial business owners, builders, property managers, body corporate managers, schools, aged care providers and more. There is significant potential to dramatically expand including increasing the awareness of the air conditioning and solar offerings.
$395,000

For more information about this excellent opportunity, complete the Confidentiality Agreement, quoting reference no: 5310IN
https://absbusinesssales.com.au/confidentiality-agreement

Broker: Harry Notaras| E: harry@absbrisbane.com| P: 0434 344 282
Head Office | P: 07 3368 4010| E: reception@absbrisbane.com