High Performing Electrical Contracting Business

Palmerston North

$1,000,000

Proposed Usage
Services
Description:
Property ID
1c1shx2

This high performing Palmerston North electrical contracting and servicing business has established very strong relationships with key customers over the years. Returns are impressive as reflected in last years EBPITD return of $460k+ to the owners.

Servicing the electrical requirements for the Commercial, Industrial and Business sectors make up their core business, but this company also undertakes servicing work for domestic clientele too.

The sale includes an impressive fleet of newly upgraded vehicles, a substantial list of chattels consisting of a comprehensive assortment of trade tools and equipment. The business holds approximately $170k of stock on site so no jobs are delayed by waiting for product.

This business would suit a buyer who already owns an electrical company and would like to expand into or increase market share in Palmerston North. You do not necessarily need to be in the trade, as the current owner manages the business but is not on the tools. The owner has offered to stay on for a period of time as a paid employee to help transition a new owner into the role.

Contact Steve Davey 027 257 6856 for your copy of the Business Profile once a confidentiality agreement has been signed.

Price $1,000,000 + estimated stock value $170,000

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