Electrical Services Group - Brisbane

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


Key Strengths:


About the business

Established for over 8 years this Electrical Services Group is for Sale for the first time. Servicing Clients from the southern end of the Gold Coast to the Sunshine Coast. Major service contracts include Federal and State Statutory Authorities, QLD State Government Departments, Local Councils, and many Commercial Clients. Well-established automated systems are in place with a highly skilled Team. The current owners oversee the business with the Management Team and have decided it is time to concentrate on their other project in Property Development. This is an exciting opportunity for an existing group to expand their geographical footprint, add electrical services, or as a first entry for a private equity group. Queensland is booming with more infrastructure than ever seen before planned before the Olympic Games.

Key Points:
Gross revenue (2021) $16,732,672
Gross revenue Projected (2022) $13,856,790
Profit (2021) $1,476,625
Profit Forecast (2022) $1,318,121
Plant and equipment has a current fair market value of $1,414,000 and is included in the sale price

A 100% shareholding in the company is available for purchase for $5,608,878


Further detailed information on this business is strictly confidential will only be provided to qualified individuals after completing our confidentiality agreement by using this link - https://forms.gle/33UV8pCkb6PdGMnp7
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Asking Price:
$5,608,878
Yearly Profit :

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Country

Australia

State

Queensland

Suburb

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Postcode

4000

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Established on

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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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