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Smoke Alarm Service, South East Queensland, Work from Home – Profit $331,451

QLD
Electrical
Profit in Excess of $330K, Contracts with recurring income, High Growth
Asking Price: $499,000

About the opportunity

The business provides smoke alarm installation and ongoing service contracts, along with pool and corded blind compliance services to property owners in Brisbane South and Gold Coast. The business has been established for over 15 years and provides services to investment property owners in conjunction with property managers. The operation is highly systemised using a cloud based customised software platform, which includes an agent portal to streamline communications.

The business employs 2 full-time service technicians, along with a number of sub-contractors. In addition, the owner manages the business with the assistance of a part-time administration assistant. It currently has service contracts covering over 4000 properties, providing recurring income well in excess of $300,000 per annum and rising steeply.

Business Highlights

  • Turnover 2022 $1,029,417
  • Turnover 2021 $834,916
  • Profit 2022 $331,451
  • Profit 2021 $253,273
  • Operate from home office
  • High growth, with predictable recurring revenue
  • Established around 15 years
  • The owner prepared to continue working part-time.

It is now compulsory in Queensland for rental properties to have their smoke detectors checked every lease renewal or new lease. This compels real estate agents to ensure their clients are compliant, so the services provided by this business are essential. The business operates from a home office and can be easily relocated anywhere in South East Queensland.

The Asking price is $499,000 PLUS stock at value

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