Accredited Electrical Workshop Servicing a Niche Market

11 days ago

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Summary

This is an AS3800 accredited electrical workshop providing services to the mining and coal loading facilities in the Bowen Basin.

Revenue

$4,000,000 pa

Rent

$117,000 pa

Location Details

The workshop is in the center of its city’s industrial estate. The workshop is an essential base of operations for the business, providing the workspace and equipment required for their services as well as the office as a point of contact for clients

Skills

Large scale business management and people skills

Hours

6am - 4pm Monday through Thursday and 6am - Midday Friday

Lease

Commenced 2015 and the arrangement is ongoing

Employees

5 Full Time Staff and 6 Casual Staff

Reason for Sale

Owner wants to retire

About the Business

This is an AS3800 accredited electrical workshop providing services to the mining and coal loading facilities in the Bowen Basin. This business provides regular electrical services as well as more specialised services to cater to mine site requirements. Holding contracts and vendor numbers with several different mines and coal loading facilities in the Bowen Basin region, this opportunity is incredibly profitable with excellent growth year on year and is the perfect acquisition for prospective buyers in the electrical industry.

The business provides their services to a variety of locations in the Bowen Basin, having contracts in place with several coal loading facilities and mines in the area. Providing standard electrical services as well as specialised services such as AS3800 overhauls for explosion protected underground electrical equipment, pre-overhaul audits, mine site introductions for electrical equipment, labour hire, shutdown work, the ability to load test 1000V equipment and more. With their workshop being run under a certified quality management system, this gives them the ability to develop, design and manufacture electrical control panels locally. Due to the niche they are fulfilling in the industry, this business generates an excellent revenue stream, further translating to an incredibly profitable bottom line.

The workshop is in the center of its city’s industrial estate. This excellent location gives you all the room you need to continue business as usual after taking over and to continue locally producing the electrical control panels. The workshop is an essential base of operations for the business, providing the workspace and equipment required for their services, as well as the office being a point of contact for clients.

Growth in this industry is constant, with the high demand for these services as well as an increase in private capital expenditure on equipment rising, regular repair and maintenance will be required, further pushing the demand for the services this business provides. To capitalise on increased demand, further staff will also have to be employed to facilitate the extra workload.

After the business becomes yours, the current owners will gladly give you a generous period of tuition to ensure you are accustomed to running the business when the time comes. The tuition will run you through everything you need to know behind the scenes and allow the business to run optimally for your takeover.

History

The current owners estabblished the business 13 years ago

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