Listing status: Inactive

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Electrical Contracting Business in NE Victoria - $60,000 **NEW PRICE**

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

Industrial, Commercial & Residential electrical contracting business for sale in the Upper Murray region of NE Victoria & Southern NSW.

Well established business with substantial key clients, regular maintenance works, wiring of home renovations and new installations.

Business Highlights:

* Operating for over 27 years with the one owner
* Turnover Circa $250K p.a.
* New Owners ROI 170% (excluding optional extras)
* One person operation (currently operated from owners' home) and can be
relocated anywhere in the Upper Murray
* Services both Victorian & NSW clients
* Sold as a 'going concern' no GST applicable.

Considerable on-going work forecast with a combination of unfinished bush fire recovery & regional development.

Additional services currently provided include the developing solar installation industry, test & tag, and maintenance works for business and government instrumentalities & services.

INCLUSIONS:

* Substantial preferred supplier (client) lists
* Trading name / Phone number / Advertising systems
* WIP & Future orders
* Generous handover assistance offered

OPTIONAL EXTRA:

The following vehicle is available for purchase separately at current market price;
* Fully outfitted Toyota 2018 Hi Lux tray body utility; complete with
* Trade Services Electrical Canopy / Tool Box System, plus
* Substantial list of Tools of Trade

A comprehensive Information Memorandum, including Optional Asset list, SAV and Financials, is available upon signing of a confidentiality agreement.

Opportunity for a true "Tree Change" lifestyle in one of the most beautiful regions in Australia the man from snowy river country.

Ring or email acquire business brokers (exclusive agents), member of the BBNA, to arrange a visit and onsite inspection, however a word of caution - once you experience the lifestyle that is the Upper Murray - you won't want to leave!

(Images supplied for marketing purposes only - not actual business, location shot Corryong in the Upper Murray)
Know someone that could be interested in this?
Asking Price:
$120,000
Yearly Profit :

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Country

Australia

State

Victoria

Suburb

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Postcode

3707

Locality

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Established on

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Revenue

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Contact Details Verified

Email Broker Verified

Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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