SOLD
Business Overview
This outstanding electrical business has grown 20% for the last 2 consecutive years with more growth to come.
A small team of qualified experts who put the customer first can tackle any job from solar, rural, industrial, mining to Ausgrid.
No job is too big or small, and this attitude is at the centre of why this business has captured work from its competitors and driven its consistent growth.
Externally, the industrial and mining sector has roared back to life, and this business has positioned itself to take advantage of this robust market now and into the future.
All assets, support, and assistance will be provided to transition the business to the new owner seamlessly.
This business has a bright future ahead and is geographically located at the heart of an underserviced market requiring quality workmanship.
Features
Growing business with a turnover of $2M+ in 2020
20% growth in the last 2 years
WPCG Petroleum Accredited
ASP Level 2 Accredited
Strong team with excellent retention
Profitable business priced for sale
Financial Summary
Revenue: $2,014,000
Cost of Goods: $812,444
Gross Profit: $1,204,556
Rent: $36,000
Wages incl Super: $598,706
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EBITDA: $276,982