SOLD! Telecommunication Contract Services – Sydney. Owner earnings $800K in 2020

This is a field service business with capabilities to install Optical Fibre and Copper Cables in the area of data communications together with Civil Hauling and Security. The business was affected by Covid 19 during 2021 but is now back on track and looking good for 2022 FY.

The business highlights are as follows:

• Profitable operation
• Current contracts/ agreements in place with Tier 1 providers
• MIMA Agreement with NBN signed 2018
• Current owners work between 10 and 15 hours per week
• Very low fixed overheads
• Scalable structure
• No stock required for this business
• Numerous opportunities for growth
• Strong pipeline of work commencing immediately

The owner is willing to offer the purchaser training as required to help learn the day to day running of the business. He will then be available on a consultancy basis if required particularly to assist with the technical aspects of the business

Ideally, this may suit someone in the area of Security Systems, Electrical or IT Systems wanting to bolt-on acquisition and benefit from their current customer base.

Asking Price: The sale price of $450,000 includes equipment, fixtures and fittings and goodwill. This business does not require any additional capital for stock. The plant and equipment included in this business totals $140K in vehicles and tooling.