Electrical Contractor, Central Highlands,queensland

Business Sold BS142089, Emerald, Queensland 4720

Business Category Building and Construction Electrical Manufacturer Mobile Services

SOLD

Description

Electrical Contractor, Central Highlands,queensland

Business ID: BS142089

High Growth, Turnover Last Year Circa $2 million

The business provides a wide range of electrical contracting work for residential, commercial and mining clients in Central Highlands, Queensland. The business now also provides services relating to solar power and air-conditioning, both in high demand in this part of the country.

The business was established 9 years ago and currently employs four electricians, including 2 apprentices. The business operates with low overheads and outsources reception and job allocation to a virtual office service provider, which allows the owner freedom and flexibility without getting caught up in the day to day noise of the business.

Business Highlights

-Diversified clients and services
-Low overheads, flexible conditions
-Includes assets valued by owner at $145,000
-Turnover growing over 20% year on year last 2 years
-2019 Turnover $2,010,121
-PEBITDA $186,702 average last 2 years

The business services the mining industry in the area which is currently showing signs of a renewed boom. Owner will spend 4 weeks with buyer to ensure smooth transition.

Asking price is $180,000 inc Stock. Walk In Walk Out.
Contact Seller
Xcllusive Business Sales

Bsale ID: 572950
Broker REF: 5150039

Xcllusive Business Sales Pty Ltd