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Business ID BS9188

Electrical Wholesale Business for Sale - Sydney and Brisbane

Run partly under management. Profits to owner $730K pa (3 year average)- Sale Price $1.2M plus stock (Est $800K).

This business was established in 1978 by the current owners. The business is involved with the wholesale supply of all lights, including LED, fluorescent, halogen, and lighting fixtures.

Their customers include other electrical wholesalers, electrical contractors, schools, hospitals, government departments and shopping centres to name a few.

The business has a head office and warehouse in Sydney CBD and also a sales office and warehouse in Brisbane.

BUSINESS HIGHLIGHTS

  • Operated partly under management.
  • Owner works 2 days per week.
  • Long history in industry and good reputation.
  • Customers well spread and no heavy reliance.
  • Very good work culture within existing team of employees.
  • Great locations in Sydney and Brisbane.

The owner is happy to provide sufficient training and handover to allow a smooth transition to a new owner.

This is a great opportunity for someone with previous business experience or alternatively it may suit an existing electrical product wholesaler who can benefit from a "bolt-on" opportunity.

The business has some great opportunities ahead of it for a new owner seeking expansion. The phasing out of halogen globes by 2020, expanding the product range outside lighting and increasing the business into other states are all opportunities to be considered.

Asking Price $1,200,000 plus stock est $800K. This opportunity is sure to attract strong interest so please inquire today.

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Business Sale Price:
$1,200,000
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