The Pilbara - Engine Room Of The Booming Mining Sector, Saviour Of Australian Economy Karratha - Coastal Living

Business For Sale Karratha, Western Australia 6714

Business Category Electrical Manufacturer

$697,000

Description

The Pilbara - Engine Room Of The Booming Mining Sector, Saviour Of Australian Economy Karratha - Coastal Living

Electrical Contracting businesses operating in the Pilbara generally show strong
profit margins - this business is no exception.
Based in Karratha, the jewel of the Pilbara with its prime coastal location offering
a true taste of Australia. Boating, fishing, camping and 4wd adventures abound.
Home to multi-national corporations and exporting its increasingly precious
resources worldwide, Karratha is well deserving of its status as a city of global
significance.
In addition to current mining projects and the development of further mineral
industries, Karratha offers growing support for pastoral and agricultural
developments alongside an emerging tourism industry showcasing the city as a
world-class destination.
With its close-knit community and emphasis on ensuring long-term success for
families, enviable lifestyle and significant opportunities for business investment,
it's attracting more and more people who are happy to call Karratha home.
We are mindful that enterprising individuals seek adventure and fortune from
Regional Mining areas in Western Australia hence, the reason this business is
priced accordingly.
Projected Net Profit for a working owner is estimated to be
circa $400k for the 2021/22 financial year which represents good value when
payback timeframe is considered. Excellent financial history over many years,
will give confidence to Banks securing finance.
This business is well respected and a forerunner within its class in Karratha and
continues to show growth year on year. It has an enormous future supported by
the many regional projects underway or approved for the immediate future in
and around Karratha.
This diverse electrical business is mainly town based, with operational hours
primarily Mon - Fri; supporting a family friendly lifestyle.
It has a manageable team of electricians/apprentice and admin staff support.

The business-

• Acts as Electrical Supervision for small local mine sites, quarries, etc and provides Statutory
compliance services, RCD testing, test and tag, etc.
• Provides Statutory compliance testing for various real estate companies and facilities management
enterprises
• Provides mobilisation services to marine vessels supporting LNG services
• Provides breakdown and repair attendance on various sized vessels
• Breakdown and maintenance services for Petroleum retailers /WPCG
• Install Split System Air conditioning
• Wide range of domestic services
• Commercial and light industrial inspection, testing and repair
• Accommodation camp services, commercial kitchen appliance repair etc
• Auto door servicing/repair
• Hotel maintenance and breakdown services, upgrades
• Fast food outlets breakdown and maintenance services
• Construction projects for schools etc in conjunction with various local builders

The significant scale of the surrounding industries secures the economic
outlook for the region better than anywhere else in Australia. COVID-19 has
been strongly defended by Western Australia's protection of the Pilbara.

This business was established by the owners some years ago so has been
built from the ground up, there are good staff in place which means the
business is not reliant solely on the owner operator as staff have clients to
service directly.
The business is well resourced with good plant & equipment, vehicle fleet, great website, SEO,
and the latest dedicated operating software systems which makes the task of
owning and operating a thriving business so much easier.

Stock estimated at $5k

Don't wait for your ship to come in! Swim out and meet it head on! This is a
fantastic opportunity with a genuine seller, looking for a genuine buyer to
service their loyal clients.
Call Greg Hunter Exclusive Selling Agent.

Similar Businesses For Sale


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


Contact Seller

Bsale ID: 568776
Broker REF: L16474350

G Hunter And Associates
Make Enquiry

Thank you, your enquiry has been sent now.