Brisbane City, Queensland 4000

The Electrical Services business Industrial Brisbane Gold Coast SE Queensland

For Sale | $1,650,000 + SAV

Building and Construction Electrical Manufacturing/Engineering

This Electrical Services business has been operating for many years and has been awarded industrial projects up to $2.5m, realizing 20-30% GM

Projected revenue for FY2020 $5m (in line with the average for the 4 past years), and should return a full-time owner approximately $370,000 EBITDA

There is an estimated $2m in contracted work on the books. There is another $5m pending

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, 5G communications roll out

The business currently operates from leased premises on a month to month basis, allowing operational flexibility to a new owner e.g. continue, relocate etc.

The business employs 8 core staff members and uses sub-contractors when required

Operational hours are Monday - Friday 7.00am - 4.00pm. Weekends and Public Holidays are by arrangement

The business sale includes specialist cable installation equipment, and vehicles

SAV (Stock and supplies) carried is approximately $150,000 - $250,000

The Owner is willing to offer a comprehensive handover if required

With the right direction and leadership, the possibilities for growth and profit are endless.

For more information, please contact
Reg Butler
0438 189 657

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Overview

This Building and Construction Business is one of 392 businesses for sale in Brisbane Central, Queensland, and one of 36 Building and Construction Businesses in this region that a business for sale currently has on offer. This Building and Construction Business is for sale in Brisbane Central for the asking price of $1,650,000 + SAV and is new to the market.