Marine Electrical Business for Sale Gold Coast
5-day trading - managing installs and repairs
Highly Profitable, netted $450K for Y/E 24, trusted and long established
This profitable, full service Marine electronics company has enjoyed year on year growth since its inception 10 years ago. Located right in the hub of S E Queensland's most high-profile Marine precinct, where almost every business has the need and use of their services, is only one of many factors which has contributed towards its ongoing success.
The Gold Coast marine industry is seeing significant growth year on year. The continued expansion of the local shipyards and marinas ensures there is potential for a new owner to further build on this successful and profitable business.
With eight highly experienced technicians combined with being a premier distributor for the marine industries market leading brands, means they have the expertise to profitably handle any job from simple electrical repairs to a complete electronics packages and Superyacht fit-outs.
Marketing spend is minimal as the business benefits from the best type of promotion word of mouth.
Some Key Performance Indicators:
FY24 T/O $4m+ / Profit over $450k Mon Fri trading only!
10 experienced employees; most long serving and all keen to remain with the business!
All P&E is highly specified, well maintained with a replacement value of around $290,000!
The business operates from a 300 m2 premises consisting of warehouse, workshop, showroom, large mezzanine (approximately 150 m2) which provides staff amenities, training room and offices.
Minutes from main arterials and M1 motorway
Competitive, flexible lease terms can be negotiated
The owners are justifiably proud of what they have achieved but their circumstances are changing. They recognise now is the time for a new owner to bring the focus and energy to deliver on the business's real and demonstrable, potential for further growth.
This is the perfect opportunity for someone with entrepreneurial spirit and trade knowledge to become their own boss or vertically integrate with an existing Electrical or Marine related business.
The vendors are committed to a successful transition; are highly flexible in terms of what the handover would look like and are prepared to offer extensive training/on-going support.
$1.150m + SAV
Eamonn Bicknell: 0452 321 954
