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