Electrical Contracting Business – Gold Coast
(no street name provided), Tweed Heads NSW 2485
$549,000
BusinessSize: n/a
Business ID: BS157298
Income to working owner $350K+pa. Gross Profit 85%+
Servicing a diverse client base located between the Gold Coast and the Byron Bay hinterland this 15-year-old business has an excellent reputation in the region.
Annual revenues average around $1.2M per annum from a mixture of Commercial and (High-end) residential customers (no project homes). The business provides installation and repair services for a number of builders, some of whom provide restoration work on behalf of major insurers.
- Fantastic lifestyle location
- 4 F/T staff and 2 casuals (plus owners)
- 5 Full-time Qualified Electricians
- GP 85%+
- Operating hours Mon – Fri, 7 am-3 pm
- 2-3 week closure over Xmas/NY
- Very low overheads (home office operation)
- Approx $150K equipment and vehicle assets included
- Owner able to take time away from the business
The owners will provide an effective handover to the new owner(s). This will include a 2-week period as part of the sale and further time can be discussed and negotiated before the sale.
This is an excellent business operating in a very buoyant area with major Commercial and Residential projects underway. The area is growing quickly as a result of migration of (often cashed up) people from the major cities of Sydney and Melbourne, as well as from significant Government investment in the health sector.
The investment in the health sector is attracting many well-paid Doctors and Specialists to the area resulting in the construction of many high-end residences or refurbishment of existing homes.
The business does not need to be purchased by a licensed electrician as staff are in place to perform this work.
Asking Price: The goodwill and assets of the business are for sale for $549,000. Stock will be charged separately at cost (approx $20K)
Property Code: 3784
Income to working owner $350K+pa. Gross Profit 85%+
Servicing a diverse client base located between the Gold Coast and the Byron Bay hinterland this 15-year-old business has an excellent reputation in the region.
Annual revenues average around $1.2M per annum from a mixture of Commercial and (High-end) residential customers (no project homes). The business provides installation and repair services for a number of builders, some of whom provide restoration work on behalf of major insurers.
- Fantastic lifestyle location
- 4 F/T staff and 2 casuals (plus owners)
- 5 Full-time Qualified Electricians
- GP 85%+
- Operating hours Mon – Fri, 7 am-3 pm
- 2-3 week closure over Xmas/NY
- Very low overheads (home office operation)
- Approx $150K equipment and vehicle assets included
- Owner able to take time away from the business
The owners will provide an effective handover to the new owner(s). This will include a 2-week period as part of the sale and further time can be discussed and negotiated before the sale.
This is an excellent business operating in a very buoyant area with major Commercial and Residential projects underway. The area is growing quickly as a result of migration of (often cashed up) people from the major cities of Sydney and Melbourne, as well as from significant Government investment in the health sector.
The investment in the health sector is attracting many well-paid Doctors and Specialists to the area resulting in the construction of many high-end residences or refurbishment of existing homes.
The business does not need to be purchased by a licensed electrician as staff are in place to perform this work.
Asking Price: The goodwill and assets of the business are for sale for $549,000. Stock will be charged separately at cost (approx $20K)
Property Code: 3784
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Key details
Property type:
Business
Other Details
Property history
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SummaryMedian sales
Average Age
56 years
Population
9,176
Listing ID: 182285988. This listing has been viewed 0 times. It was first displayed on 09/02/2024 and last updated on 09/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.