Electrical Contractor - Residential & Commercial

The business is currently operated by a husband & wife, with several qualified tradespeople and an admin person on staff. Annual sales range from $1.1m to $1.4m + GST with 15-20% falling to the bottom line as “owner income”, and the business enjoys the support of the wider local community. The buyer will require an electrical background as our current owner is “on the tools” for much of his day, with his wife overseeing the office and admin side of the business.
Key Attributes
• Earnings history consistently in the region of $200-250k EBPITD
• Stock of $75k and P&E of $100k included in the purchase price
• Showroom & workshop on the main street of a regional town
• Qualified & happy staff
• Perfect for a H&W who want a change of scene and a more enjoyable “pace of life”
• L&B available to purchase at circa $450-$500k; or a lease option is available
• Client base approximately 30% commercial and 70% residential
• Clients include homeowners; builders, developers, farmers, local Government; accommodation providers and tourism operators
The Buyer/Seller
Our vendor is retiring from the business but will remain actively involved in the local community, and he is available to support and mentor the new owner. The location is within the South Canterbury & MacKenzie Districts and the lifestyle available includes mountains, lakes, rivers, great walks & cycles, with both Timaru & Ashburton not too far away.
This business is perfect for a good tradesman wanting to take a step up the value chain and wealth ladder and live a more enjoyable pace of life with a great variety of clients and jobs!


Sale Price $465,000

Agency reference #: L001419