- Industry/Manufacturing , Service
This is an outstanding opportunity to acquire a highly reputable and well-established electrical contractor business.
The business has demonstrable resilience to the covid lockdowns and flow of local economies. Current economic indicators show that Melbourne is approaching another economic construction boost with numerous private and commercial projects being planned.
The business has developed its commercial and residential divisions by providing electrical services for general household electrical repairs, installation, security, communications systems, heating & cooling and much more.
Built on service, reputation, and expertise the clients are well aware of the value the company provides in their services resulting in a loyal client base. Add to this the great staff culture fostering staff loyalties and the underlying business resilience.
Most of the business is from networking and brand/reputation (word of mouth) with minimal marketing being actioned. A new owner with a renewed growth agenda could easily explore more marketing activity to accelerate the potential growth.
- Contracts in place with high profile commercial clients
- Preferred supplier agreement in place
- Owners willing to assist in transition
- Loyal client base
- Loyal and skilled staff (great culture).
- Established Business Systems and Processes
- Diverse income streams across divisions and customers.
- Reputation and Expertise affords great goodwill with clients.
- Well-connected in local communities
- Full Financials will be made available to genuine buyers
- Profitable business with scope for further growth
Having built a successful business, the director is happy to provide a smooth transition to ensure client retention and transition of ownership as efficient as possible.
This opportunity presents as an obvious prospect for an acquisition or merger with the value of a business expansion being weighed up against the existing capacity, staffing and expertise.
The value and goodwill of this business is clear and makes it an easy decision for any buyer to recognise the opportunity. Can be suited for a competitor or an electrician wanting to expand and buy a business with established contracts and a great team in place.
Asking price $350,000
For a confidential discussion please contact Lev Khazhiner today on 0411 705 913
Agent(s) for this listing
Business Sales Specialist
Office: 1300 315 223
Mobile: 0411 705 913