Building & Construction business for sale in Brisbane City
- Building & Construction
- Brisbane City QLD 4000
- $1,450,000 + SAV
Electrical Services business - Brisbane, Queensland, FY20 $750k EBITDA est to working director
The Electrical Services business has been actively operating in the Brisbane / Gold Coast area for many years, commencing originally servicing the domestic/commercial/industrial sectors with installation and maintenance projects. The business has since picked up many long serving Residential and Commercial Builders, focusing on new homes, shop fit outs, medical centres and multi residential developments such as Townhouse and Aged Care developments.
The FY2020 year is projected to have revenue income of $5m (in line with the average for the 4 past years), and should return a full time owner approximately $700,000 EBITDA, based on first quarter result. This is subject to change in line with the winning / awarding of additional tenders/quotes and the magnitude of size etc.
The business has been successfully awarded large projects, up to $2.5m, seeing a steady 20-30% GM, showing how lucrative the industry can be.
The business has Energex/Ergon WCQA accreditations to perform works to Underground Construction, Overhead Construction, Public Lighting, Earthing, Large Customer Connections and Civil Construction.
Potential includes expanding into Tier 1 contracts and direct contracts with supply authorities, 5G communications roll out mounting assets on supply authority assets, all of which this business is accredited for. There is approx. $2m in contracted work on the books. There is another $5m pending, with a high probability of award. There is also some larger over $20-25m projects in open tenders/quotes.
The sale includes specialist cable installation equipment such as Redmond Gary 6T self-loading cable trailers, Redmond Gary Cable winch, Cable pusher with Skit steer, Flat Bed Truck, Dual Cab Tipper and Plant Trailers as well as specialist electrical installation and testing and Civil Construction Tools.
SAV (Stock and supplies) carried is approximately $250,000 and can vary
The business currently operates from leased premises, which has office, workshop and office space. It could be possible to continue operating from the same location or relocate. Alternatively, it could be an excellent addition (or bolt on) for an aligned company with an interest in this field, or wanting to develop a stronger presence in the marketplace.
The Owner is willing to offer a comprehensive handover.
With the right direction and leadership, the possibilities for growth and profit are endless.
(Photos and images are representational)
For more information, please contact:
0438 189 657
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|Last updated||9 Aug 2019|