General Electrical Contracting Business – Yatala, QLD 

Description

Turnover: $6 million – Current Projects Valued at Over $3 Million 

This impressive business has shown constant growth since the current owner bought it in 2008. 

Providing electrical contracting work to commercial and industrial clients – with little or no competition – he has increased revenue from $3 million to $6 million. 

The business now employs 24 electricians and apprentices – and has expanded from supermarket refrigeration to the water industry and industrial clients, such as JJ Richards. 

Business Highlights

• Located in Yatala – between Brisbane & the Gold Coast 
• Provides general electrical contracting services to the supermarket sector, industrial, mining, commercial & other clients  
• Good spread of clients – mainly in South-East Queensland – but also Regional Queensland 
• Very little active marketing due to ongoing & increasing client requests 
• Current work-in-hand valued at over $3.227 million 
• Low-cost premises (450 sqm) with office, workshop, car parking & small yard  
• Assets valued by a valuer at around $245,000 
• Owner can continue as a part-time employee for 5 years and build a big business. 

There is great potential to take this business further, with increasing demand for services from the mining and industrial sectors.  The supermarket sector is a good base customer as its demands are not reduced by the economy or pandemics. 

There is also scope to move into more complex design and construct projects. 

 Price: Negotiable – Cash for Assets – Shares for Stock & Goodwill