Highly Profitable Plumbing And Electrical Services, North Queensland

Business For Sale BS146022, Townsville, Queensland 4810

Business Category Electrical Manufacturer Mobile Services Repair



Highly Profitable Plumbing And Electrical Services, North Queensland

Business ID: BS146022

$769K Profit to Owners, 11 Tradesman, Major Clients, High Exposure

The business provides plumbing and electrical services in a busy and thriving coastal city in Northern Queensland. Offering a one stop shop for clients, the business has grown consistently and now employs 6 electricians (3 apprentices) and 5 plumbers (2 apprentices).

It services a range of clients including local hospitals, schools, airport, railway, and national and local businesses in the area, along with residential clients. It also acts as warranty and installation agent for a number of major brands. Currently the business does not provide services to the building industry, although this could be an expansion opportunity for the new owner.

Business Highlights:

-Turnover $2,746,294 in 2020
-Profit to owners of $769,766 in 2020
-Assets valued by owner at $364,000 included in sales
-Employs 11 tradesman and 3 office staff
-Major government and commercial clients
-High exposure premises with professional office

Little or no training is required for the new owner as all employees are expected to remain with the business. All staff are skilled and qualified. The owner has agreed to work with you for 4 weeks to ensure a smooth transition, with a further 2 months on wages should it be required.

Asking price is $2,500,000 including assets valued by owner at $364,000 PLUS Stock at cost (estimated $40,000)

Similar Businesses For Sale

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

Contact Seller
Xcllusive Business Sales

Bsale ID: 532200
Broker REF: 6399059

Xcllusive Business Sales Pty Ltd
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