SOLD! Very Profitable Electrical and Solar Sales and Services – Gladstone, QLD

Established 12 years ago by the current owner this provider of Solar solutions, Airconditioning systems, and general electrical repair services has become the leading Solar supplier in the region.

Success has been achieved through quality work, reliability, and attention to customer service, this leads to much of the new business coming from referrals.

Annual turnover now exceeds $2m.

• Mon – Fri operation
• Early finish Fridays
• Excellent premises (12 months old)
• Staff include 2 licensed trades staff + 2 apprentices
• Approx $60K of equipment assets included
• Diverse client base inc local builders, REA’s and insurance companies

The vendor is flexible with the length of handover time but will include 2 weeks of his time at no charge as part of the handover.

The purchaser of the business will need to hold an Electrical Contractors’ License or employ someone who holds the same.

This is a very successful business that could be grown further with the employment of a full-time or part-time salesperson. There is a lot of scope for growth with new industries coming to the area, the value proposition that Solar provides, and the need for air conditioning in the region.

Asking Price: $375,000 for the goodwill and assets of the business. Stock on hand will be charged separately and the typical stock holding value is $60,000.