Business Summary

This well-established electrical contracting company presents a lucrative opportunity for prospective buyers seeking a turnkey operation with a solid foundation. Established in 2013 as a one-man operation, the business has flourished over the years, gaining a strong foothold in both corporate and domestic sectors by delivering top-notch maintenance and electrical services. With numerous successful projects under its belt, the company has built a reputation for reliability and excellence in its field.

Currently staffed by a team of dedicated professionals, including two permanent electricians and one temporary admin assistant, the business operates smoothly, ensuring efficient service delivery to its clientele. The transition to new ownership promises to be seamless, as the current owner has laid a strong foundation for continued success.

For aspiring entrepreneurs or seasoned professionals looking to expand their portfolio, this opportunity offers significant potential. With an average monthly turnover of R 201 474 and a net profit of R 44 323, the business demonstrates consistent financial performance. Moreover, the sale price of R1 200 000 (excluding stock valued at R110,000) presents an attractive investment proposition, offering a reasonable return on investment.

The key to sustaining and furthering the success of this business lies in maintaining its stellar reputation and commitment to excellence in service delivery. With the groundwork already laid, new owners can focus on building upon existing client relationships, exploring growth opportunities, and maximizing operational efficiency.

Overall, this electrical contracting company represents a compelling investment opportunity for individuals seeking a profitable venture with a proven track record of success. Don’t miss out on the chance to acquire a thriving business in a lucrative industry poised for further growth and expansion.

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