Business Sold Palm Beach, Queensland 4221
Business Category Electrical Manufacturer Mobile Services Trade Services
SOLD
Description
Electrical/air/solar Home Based Business On The Gold Coast #5310in
This well established electrical business has been trending upwards since commenced operations in 2013 and does electrical services, air conditioning and solar.
In addition to the owner, there are currently 2 electricians with fitted out vehicles ready to go to serve customers from Northern NSW, the Gold Coast and up to the southern edges of Brisbane.
This electrical business is on track for a turnover of over 1 million dollars this financial year with earnings of approximately $300,000 in the financial year 2021 and projected to $400,000 for the financial year ending 2022.
A new owner would need to be qualified and hold a contractors License. Training is offered to ensure a smooth transition.
It is a home based business with three vehicles with customised fitouts including sign writing, ladders, ladder racks and a trailer. The plant and equipment and stock has a value of over $120,000 plus an excellent website.
Services provided are installation and maintenance for their broad range of over 2000 domestic automechanical customers.
A new owner could benefit from the year on year increase in turnover and profit or ramp things by increasing the commercial side of the business, as it has a solid reputation with commercial business owners, builders, property managers, body corporate managers, schools, aged care providers and more. There is significant potential to dramatically expand including increasing the awareness of the air conditioning and solar offerings.
$350,000
For more information about this excellent opportunity, complete the Confidentiality Agreement, quoting reference no: 5310IN
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Broker: Harry Notaras| E: XXXXXXXXXX | P: XXXXXXXXXX
Head Office | P: XXXXXXXXXX | E: XXXXXXXXXX
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This business is somewhat unique and has no similar competition in this region, category or price bracket.