Electrical Contractor- Electrician For Sale - Long Established- Substantial Customer Base - Ideal Gold Coast Location - Poor Health requires Urgent Sale - only $59,990 plus SAV-equipment
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This is a genuine opportunity to purchase a well-established electrical contacting business at a fraction of valuation. This business has been established for 14 years with a substantial client base. It is profitable and now needs someone to take it to the next level. Poor health of the current owner requires a quick sale.
We operate throughout the greater Gold Coast region and there is the possibility to expand into Northern NSW with the appropriate licences. Currently we are based on the Southern Gold Coast but can service anywhere in SE Queensland.
The business has been going for 14 years and, in that time, we have built a reputation for quality work "first-time" and an enviable reputation for brilliant service. We have established a database of loyal, repeat customers who also provide quality referrals. As part of the handover, the current owner will be happy to provide introductions to his loyal clients. A late model Toyota Hi-Ace van is also available at extra cost
There are several lucrative ongoing arrangements with long-term major clients. These include two hi-rise buildings, a 30-unit apartment complex, a commercial management company plus a large licenced surf club plus the loyal customers previously mentioned.
Turnover in 2018 was almost $400,000 and in 2019 it was almost $350,000 even though ill-health impacted on the figures. As a one-man operation, overheads are very low leaving substantial margins. This is a perfect base for an enterprising owner/operator to grow a substantial business with multiple-vehicles servicing South-east Queensland.
Features of this business opportunity
- Selling for way under valuation because of ill-health
- Established 14 years with substantial database of loyal clients
- Includes several long-term lucrative maintenance arrangements
- Recent substantial turnover up to $390,000 with fantastic margins
- Late model Toyota Hi-Ace van, sav and equipment available at extra cost
If you have electrical qualifications or are an entrepreneur looking for a below-valuation business to grow, then this is the business for you. The current owner has built a business that is of substance and includes a business reputation second-to-none. It is the definition of the perfect base to grow an electrical empire from. For a confidential discussion and more information, please call the number above today!