Central Coast Electrical Contracting Business Great Profits

Business ID: BS142157

FY 2020 Income to owners $700K Sale Price $745K

This business has been established for 6 years and generates 80% of its income from Central Coast clients primarily by providing electrical and solar installations for major builders and developers of Commercial and Industrial premises.

-FY2020 Revenue $1.4m
-Forward work booked until at least Aug 2021
-Regular work from major local builders and developers
-Great reputation with clients produces repeat orders
-No requirement for expensive office space
-Simple quoting process
-All electricians company trained

One owner is retiring and the other is happy to assist ensure a successful transition for an extended period. Owner willing to assist in a BDM capacity only if required.

The business is suitable for either a hands on owner with appropriate electrical qualifications, a local contracting company looking for immediate expansion or one from Sydney / Melbourne etc looking to break in to the major developments that are happening in the region.

Asking Price: The assets and goodwill of the business are available for $745,000.