Summary
Calling all sparkies! Whether you’re already an electrical contractor looking to expand or just ready to be your own boss here’s a great way to build on a proven South-eastern suburbs business.
Location Details
Home-based in Langwarrin servicing the wealthy Eastern and Southeastern suburbs including Brighton, Toorak, Black Rock, Beaumaris and onwards down the Peninsula.
Reason for Sale
Lifestyle change.
About the Business
Calling all sparkies! Whether you’re already an electrical contractor looking to expand or just ready to be your own boss here’s a great way to build on a proven successful business.
The business has a very solid clientele in the wealthy Eastern and Southeastern Melbourne suburbs including Brighton, Toorak, Black Rock, Beaumaris and onwards down the Peninsula.
Eighty percent of the business is high-end new homes and includes:
• general electrical
• home automation
• security systems
• data and communications
• CCTV
Other work consists of:
• Winery maintenance on the Mornington Peninsula
• High end residential unit and townhouse developments for large property developers
• Endless repeat client call backs for extra work.
The business employs two full-time staff, runs 5 days a week from 7am – 3pm and has enough work so there is no need to advertise or even have a website. There is also no need to rent premises as it can be run from anywhere as a home business.
The business is making an adjusted net profit after paying the Principal and his partner full-time wages in excess of $100k each. The price includes $10k of plant and equipment and there is the option to take over the lease of a 2015 Hiace van valued at $23k ($12k left on the lease).
To date there is over $500k of confirmed orders for ongoing and future works to keep you busy.
So, what is there left to say? If this opportunity has sparked your interest please call Alan Maguire on 0418 377 038 and he can arrange a day and time to meet with the owner to discuss the finer details of the business.
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