Electrical, Air Conditioning And Solar Business In Canberra, Act.

Business For Sale Canberra, Australian Capital Territory 2600

Business Category Building and Construction Electrical Manufacturer Mobile Services

$300,000

Description

Electrical, Air Conditioning And Solar Business In Canberra, Act.

This local family owned business has grown exponentially with almost no advertising. It’s model is to provide energy efficient home solutions by offering electrical, air conditioning, PV solar and heat pump hotwater installation services. The business has always had continuous work for 4-5 full time employees and often uses local sub-contractors. It has a large client data base and plenty of room for future growth. Clientele is primarily mum’s & dad’s and selected local boutique builders.

The business is a specialist dealer for Panasonic air conditioning and MyPlace/MyAir smart home control (featured on The Block TV show last 2 seasons). It also has a trade account with Daikin and Seeley international all with great discount structures in place. It is also a Clean Energy Council Approved Solar Retailer and is currently signed on with the ACT Government Sustainable Household Scheme for the next 5 years.

The business is already showing a $120k net profit this financial year on top of the Directors salary. It has encountered it’s largest 6 months to date through the first half of the FY even with Covid lockdown. The projected turnover for 2021/22 is $1.4M-$1.6M.

Current employees are well trained in all aspects of the business as development has been a primary focus. The business currently employs 2 x tradesman and 2 x 4th year apprentices and often uses local sub-contractors.

The new owner would need to be qualified in electrical and or refrigeration, solar installation and design experience is recommended. Training is offered to the new owner in all areas of the business to ensure a smooth transition.

The new owner could tap into the air con servicing and maintenance side of the industry and/or solar battery installation and implement advertising strategies to significantly increase turnover.

Included in the sale of the business are 3 x Toyota hiace vans, 1 x box trailer, electric lifter and ladders, website, social media, mobile phone number, email address, ServiceM8 client database.

The current owner and his wife are only selling due to relocating to the South Coast for a sea change.

Interested parties will need to sign and return a confidentiality agreement before financials will be released.

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


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Admin @ Direct Business Hub

Bsale ID: 567614
Broker REF: 3346329

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