Sold

North Shore Electrical Business

SOLD

•   Turnover FY2021 - $460,000
•   Cash Surplus FY2021 - $196,000

This excellent small electrical business has been operating on the North Shore of Auckland for 20+ years and the owner is ready to move out of Auckland and enjoy semi-retirement.

It is profitable, stable and easily run with its small and reliable team. 80-90% of sales come from repeat customers, the bulk of which are residential (which support good charge out rates and margins).

This business would suit a qualified electrician who wanted to make the break from being employed to working for themselves and only spending 1/2 of their time on the tools. The very well-established business and client base is already generating a good income which far exceeds what you'll ever earn as an employee electrician. It also provides an excellent foundation on which to push on and grow the business to further increase income and the value of the business. It provides a fantastic opportunity to get ahead for a very manageable investment with an amazing return. Get to where you want to go twice as fast by owning your own business!

This business would also make a good addition to an existing electrical business wanting a presence on Auckland's North Shore and its affluent population base for much less investment than it would take to build up this turnover and profit.

The vendor is very committed to an excellent transition for the new owner(s) to ensure his long-standing clients and team are well looked after and the success of the new owner.

Asking Price - $250,000. 

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/3146, register your details and submit the online Confidentiality Agreement. Once Darren receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.

Details

Region Auckland
Price SOLD
Business ID 3146
Category Industrial/Manufacturing, Services

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