Electrical Services Business – South-East QLD

QLD
Electrical
We are pleased to present an exceptional opportunity to acquire a well-established electrical project business that has been established for over 35 years.
Asking Price: $1,500,000

About the opportunity

Specialising in commercial and industrial construction projects of all sizes throughout South-East Queensland and Northern NSW. The business has built a solid reputation in the industry, known for its professionalism, reliability, and high-quality workmanship with a team of highly skilled and experienced electricians who are capable of handling complex electrical projects efficiently.

Over the years, the business has fostered strong relationships with suppliers, subcontractors, and industry professionals, ensuring access to quality materials and resources. Now is the time to secure an Electrical Services Business in the Southeast Queensland corner with the Olympics scheduled for 2032. Procurement opportunities are endless.

With the increasing demand for electrical services, there is ample opportunity for expansion and growth in this market. The business is well-positioned to capitalise on these opportunities. A turnkey operation is for sale as a Share Sale with over 6 million dollars in forward contracts already secured. This is an ideal opportunity for an acquisition of an existing contractor looking to expand their operations into the South-East corner and take advantage of the significant infrastructure development, including the construction or upgrade of stadiums, transportation systems, accommodation facilities, and other related infrastructure.

 

Financials (Combined 2023)

Revenue – $9,949,234
Profit – $596,603
Goodwill – $899,806
Balance Sheet Value – $1,547,245

Combined Share Sale Price – $2,447,000

 

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