Business Sold BS6370 BS6370, Melbourne, Victoria 3000
Business Category Building and Construction Computer IT Electrical Manufacturer
SOLD
Description
Sold! Reputable Electrical Contractor - Vic
Business ID: BS6370
Average Adjusted Profit of over $500,000 to working owner – Asking Price $790,000 plus stock
This business has over 12 years of trading history with a strong reputation for quality and customer service. The business specialises in office and commercial fit-outs, with extensive experience in the installation of electrical, audio/visual, communications, security, building access and smart wired solutions.
Business Highlight:
-Profitable with FY2022 revenue of over $2.5 million
-Team of 15 skilled employees (including 5 “A Grade” electricians) plus 1 working owner
-Assets include 6 vans, safety rail and harnesses, mobile scaffolding and specialist tools
-Projects delivered include CBD offices, showrooms, shops and factories
-Portfolio of customers including interior design/fit out, building managers and small businesses
-Ongoing work with a strong forward pipeline
After working for close to 30 years, the current owner has decided to sell this business so that he can spend more time with family and his property development and investment interests.
This is an ideal opportunity for an individual or existing business seeking opportunities in the commercial fit out segment:
-Benefiting from the track record of an experienced team with qualified “A Grade” electricians
-Good reputation within the industry for quality work, and ability to take on “all aspects of electrical, data, security and AV” in a commercial fit out project
-Established relationship with customers, including major commercial fit-out/builders that provide ongoing work.
Asking Price: $790,000 plus stock
Property Code: 2886
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.