WHERE CAN YOU BUY A BUSINESS FOR LESS THAN THE NET PROFIT???
NET PROFIT $442,000 SEEKING OFFERS ABOVE $400,000
But not only is this a stable, profitable business in an idyllic part of the country, it's one with a huge amount of potential that's not immediately evident, both in the immediate and longer term.
This multi-award winning electrical contracting business delivers prompt and professional service with well-trained and experienced electricians. It provides a high quality service for every application, from small repair jobs to large building developments and industry projects.
The business services Derby and surrounding communities in the Kimberley.
During the past 12 years, it's remained an innovative and diversified business by keeping up-to-date with the latest technologies and investing in good quality equipment and vehicles.
Other than when it first started, THE BUSINESS has never had to chase new customers, as its reputation has meant that "word of mouth" brings it more demand than it can presently handle, leading to it having to turn down many works.
If the new owner wished to invest in the additional staff and equipment necessary to take advantage of this demand, then an increase in revenue and profits would be immediate. With the very limited number of competing electrical companies within the region and the enormous demand for work, the potential to expand the business is unlimited. Areas such as renewable energies, security and data, and air conditioner installations are also in big demand.
The workshop which is very accessible, spacious and well set up with ample storage and parking space, office and staff facilities also includes a separate residence which is used to provide new staff or visiting subcontractors with accommodation.
The total client base numbers approximately 300 customers, of which repeat order clients represent approximately half of all sales per annum.
Exclusive contracts. Wattnow Electrical is the number preferred contractor for WMB, this status would only change if the business decided to cease works for them or had a major incident.
The location is close to customers for convenience. the business can attend any nominated site within the allocated time frame due to its close proximity to all the sites its services.
Long trading histories, with many customers trading with the business for 10+ years
Bulk buying power allows the business to be more competitive.
The business provides a quality service within the requested time frames
Proven systems are in place. Due to its efficient office management system, the business is renowned for meeting its KPIs.
Low competition. There are very few quality competing electrical businesses within the region.
The business has never required an aggressive marketing plan or sales force to generates sales. Instead, it relies on word-of-mouth referrals from satisfied customers to maintain its market leader status.
Derby is the gateway to one of the last true wilderness areas on Earth. It's the western entry point to the legendary Gibb River Road Australia's unique four wheel drive experience and a short hop to the horizontal waterfalls and the ancient canyons and caves of Tunnel Creek and Windjana Gorge. As such, it attracts tourists from all over the world.
A good selection of shopping is available with two large supermarkets, clothing and furniture shops, newsagency, electrical goods, chemist, hotels and restaurants/cafes.
There are two primary schools, a high school and pre-school facilities. Health services are provided by the hospital and there are extended care facilities for the aged and infirm.
