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Business ID BS7966

Major Regional Electrical Contracting Business - VIC

Adjusted income (FY2016/7) in excess of $800,000 to working owner. Seeking Offers Over $1.25m+

The business is an established electrical contractor operating from a major regional city in VIC, with revenue of over $6,000,000 for the financial year 2016/17. It has a team of over 20 employees (the majority are A Grade Electricians), including experienced supervisors. The business has built an enviable reputation as a provider of quality, tailored electrical solutions to a diverse range of industries including agriculture, mining, energy, government, schools, food manufacturing and construction.
 
Mutli-disciplined team with experience to handle projects and maintenance of:

  • Industrial, commercial and domestic electrical installation, repair and maintenance work
  • Industrial automation and instrumentation, including PLC, SCADA, Telemetry  
  • Data and telecommunications cabling and system installation
  • Solar power system installation and maintenance
  • Installation and maintenance of fire systems

The majority of the clients are long term clients that depend on the business for electrical related work, maintenance, services or repairs. The main sources of work are generated from:

  • Existing clients calling on the services when needed
  • Clients that have ongoing maintenance and services arrangements
  • Clients from referrals or word of mouth
  • Invitation to quote on projects due to its acknowledged expertise in specific type of projects
  • Tenders via invitation or advertisement in local paper

The Owner is offering to assist the new owner with the transition into the business based on mutually agreed terms.

For an individual or an existing electrical contracting business, this business offers:

  • The rare opportunity to be the major electrical contractor in a growing regional city  
  • Growing pipeline of potential major projects where the business has the opportunity to quote
  • An experienced workforce with existing clients already using the services of the business

This electrical contracting business can also be a strategic fit for complimentary businesses in areas such as refrigeration, heating, cooling or sales agencies due to the opportunity to sell additional services to the large existing client base.

For sale by Expression of Interest with all offers above $1,250,000 being considered.

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Business Sale Price:
$1,250,000
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