Qld Electrical Contractor Circa $11m Turnover
Business Sold Queensland
Business Category Building and Construction Electrical Manufacturer Engineering Manufacturer
SOLD
Description
Qld Electrical Contractor Circa $11m Turnover
Qld, Australian base with local clients across it’s locality including government infrastructure projects, Company projects and maintenance, also domestic and commercial servicing. More detailed location available to qualified buyers.
This is an outstanding opportunity to acquire a highly reputable and well-established multi-divisional electrical contractor with significant owners profits of $2.2M in 2021 including an EBITDA of circa $2M.
The family owned operation has developed into a reputable professional organisation now employing 50 staff with capacity to grow within its current site to 120 staff.
With approaching 20 years history in its Qld location the business has demonstrable resilience to the eb and flow of local economies. Current economic indicators are the location is approaching another economic boost with numerous private and government projects being planned or actioned.
The business has developed along 5 divisions providing services for major electrical projects (Government & Commercial), domestic electrical services, refrigeration services, solar services & security / communications systems.
Most of the business is from networking and brand/reputation (word of mouth) with minimal marketing being actioned. A new owner with a renewed growth agenda could easily explore more marketing activity to accelerate the potential growth.
Built on service, reputation, and expertise the clients are well aware of the value the company provides in their services resulting in a loyal client base. Add to this the great staff culture fostering staff loyalties and the underlying business has in built resilience.
Having built a great business the directors are happy to provide a suitable transition to aid the staff and clients retention with the new owner and so the continuation of their own great work.
This opportunity presents as an obvious opportunity for an acquisition or merger with the value of a business expansion being weighed up against the existing capacity, staffing, expertise and local goodwill likely to be an easy decision.
Make no mistakes this is an extremely well-respected business with current growth and positive outlooks and it is only due to the family directors looking to down size and have more time for their young family to enjoy the fruits of their hard work to date.
Key Points
- Owners willing to assist in transition.
- Loyal client base.
- Loyal and skilled staff (great culture).
- Established Business Systems and Processes
- Bespoke offices and warehousing designed for up to 120 staff.
- Diverse income streams across divisions and customers.
- Reputation and Expertise affords great goodwill with clients.
- Current WIP over $3M with multiple tenders still in play.
- Well-connected in local communities.
- Exclusive listing - contact our agents immediately to begin enquiry
Property Code: 6
This is an outstanding opportunity to acquire a highly reputable and well-established multi-divisional electrical contractor with significant owners profits of $2.2M in 2021 including an EBITDA of circa $2M.
The family owned operation has developed into a reputable professional organisation now employing 50 staff with capacity to grow within its current site to 120 staff.
With approaching 20 years history in its Qld location the business has demonstrable resilience to the eb and flow of local economies. Current economic indicators are the location is approaching another economic boost with numerous private and government projects being planned or actioned.
The business has developed along 5 divisions providing services for major electrical projects (Government & Commercial), domestic electrical services, refrigeration services, solar services & security / communications systems.
Most of the business is from networking and brand/reputation (word of mouth) with minimal marketing being actioned. A new owner with a renewed growth agenda could easily explore more marketing activity to accelerate the potential growth.
Built on service, reputation, and expertise the clients are well aware of the value the company provides in their services resulting in a loyal client base. Add to this the great staff culture fostering staff loyalties and the underlying business has in built resilience.
Having built a great business the directors are happy to provide a suitable transition to aid the staff and clients retention with the new owner and so the continuation of their own great work.
This opportunity presents as an obvious opportunity for an acquisition or merger with the value of a business expansion being weighed up against the existing capacity, staffing, expertise and local goodwill likely to be an easy decision.
Make no mistakes this is an extremely well-respected business with current growth and positive outlooks and it is only due to the family directors looking to down size and have more time for their young family to enjoy the fruits of their hard work to date.
Key Points
- Owners willing to assist in transition.
- Loyal client base.
- Loyal and skilled staff (great culture).
- Established Business Systems and Processes
- Bespoke offices and warehousing designed for up to 120 staff.
- Diverse income streams across divisions and customers.
- Reputation and Expertise affords great goodwill with clients.
- Current WIP over $3M with multiple tenders still in play.
- Well-connected in local communities.
- Exclusive listing - contact our agents immediately to begin enquiry
Property Code: 6
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
