Ad ID: 62371 Inactive

Electrical Contractor Business for Sale Christchurch

Electrical Contractor - Niche Markets;  Committed Clients

Location:
Asking:
$295,000

Business for Sale Description

Electrical Contractor Business for Sale Christchurch

  This Business Stands Out

Sales averaging $600k + GST per annum are generated by two qualified staff and a working owner who is partly “on the tools”. The business has not depended on the EQ rebuild, with sales coming from:

•Primary sector clients within a specific niche

• Lifestyle blocks

• Geographically local clients

• Repeat maintenance work for commercial/industrial clients

• Regulatory change and supply chain developments driving business within a core market

The working owner wishes to retiring due to age and health considerations. The staff are well trained and fully qualified.

The Ideal buyer could be:

• An existing electrical business wishing to add $250-300k gross margin (after purchases & wages) to their business and capture “sticky” clients

• An experienced electrical tradesman on wages wanting to own and operate their own business

• A manager who understands the sector and will work “on” the business to generate growth

The new owner is likely to benefit from R&D projects the vendor will continue to work on at a supply level post sale.

Business Resources

• Currently run from a home office

• Little to no advertising spend – mostly referral & repeat business

• Consistent sales & profit for last five years

• Mostly Mon-Fri with limited need for weekend and overtime hours

• Overheads less than 50k including vehicle expenses

• Mostly “charge up” work



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