Electrical Equipment Manufacturer – Gold Coast

This well-established electrical manufacturing business operating 5 days per week is located in the bustling city of Gold Coast. After years of continued success, the owners are prepared to support and let a new owner settle in for a time prior to their retirement.
Asking Price: $595,000

About the opportunity

The company has displayed remarkable growth with sales of over $1,000,000 in the last 6 months.

Sales for 2022 were $1,421,080.23 EBITDA was $355,648.70 after Paying owner wages to Husband & Wife of $160,000.00, we have forecast an EBITDA of over $500,000 for the 2023 financial year. This is a very attractive opportunity for buyers due to its high profitability in specialised equipment that is operated by the 5 fully qualified reliable employees that very much enjoy their positions in the business.

The company has found its niche in the market manufacturing control boards and wiring harnesses with very few other domestic suppliers in the market. The new equipment and or replacement parts shipped to the business’s customers for annual installation, and servicing requirements are continually growing and in high demand. Their products are well-recognized across the industry and have achieved widespread attention and recognition, supplying the Gas industry, Water Pumping, Remote Energy, Council, Construction & Recreational Industries.

With a state-of-the-art 700 m2 manufacturing facility that continuously keeps up with modern trends, they remain competitive and ensure that all of their products are the best fit for the consumers. Included in the sale is Plant & Equipment, three vehicles at a fair market value of $236,100.00

Whether you are an experienced entrepreneur seeking to expand your reach, or an investor just starting a new venture, this is a fantastic opportunity for you! Please contact us for more information about this exciting opportunity. The information memorandum includes fully independent business valuation, financial statements, video interviews and virtual inspection.

Asking only $595,000 plus stock approximately $75,000

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