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$460,000 Thriving Electrical Business Turnover $2M+

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

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