Great Culture, Strong Financials, Great Reputation, Growth Opportunities

Price

$2,595,000

Profit *

$969,000

Sales Revenue

$5,200,000

Location

Bay of Plenty Region, Tauranga

Category

Industrial Manufacturing, Electrical

Listing #

BOP00650

Tauranga Electrical Business for Sale
Tauranga Electrical Business for Sale

About this business for sale in Bay of Plenty Region, Tauranga

Great Culture, Strong Financials, Great Reputation, Growth Opportunities

With a rich history dating back to its establishment in 1992, this Electrical Services provider has earned an impeccable reputation that reflects the business’s commitment to excellence. Building on an extensive range of capabilities and expertise across a number of client industries, the company has a commitment to delivering comprehensive turnkey solutions.

An industry leader in Tauranga and the Western Bay, the business has an enviable market positioning as being able to deliver to clients’ complete Electrical Services needs. An array of services offered under one umbrella has seen the business secure a wide, diverse and loyal clientele that encompasses some of NZ’s largest and most lucrative industries. The business is the preferred provider and trusted partner for many. 

Structured internally to best deliver to 3 distinct segments of the market, the business has a strong and vibrant organisational culture characterised by exceptional relationships, strong staff retention, high job satisfaction. Collectively, these elements contribute to the company's reputation as an Employer of Choice within its industry.

The business consistently delivers strong financial results.  A concentrated marketing focus and presence is an immediate opportunity that will likely produce even greater profits.      

  • 30+ year success story, great reputation, market leader
  • Positioned well to excel within the ever-evolving Electrical Services industry
  • Multi-faceted operation, wide range of capabilities and expertise
  • Proximity to major clients and opportunities
  • Not reliant on building/construction industry 
  • Strong financial results year-on-year; 2022/23 Cash Surplus – circa $969,000
  • Secure long lease
  • Strong internal culture, enviable staff retention, employer of choice
  • Considerable potential to grow an already-strong brand presence

 

While key management staff are already in place, the vendors are committed to providing extensive support throughout the handover process to a new owner. Ideally the new owner would be from within the industry, or those looking for an excellent investment opportunity.

Steve Catley, 021 341 117, [email protected]

 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

#wesellbusinesses #bayofplenty

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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