*SOLD* Leading Power Solutions Provider

About the Opportunity

This Australian licensed electrical contractor is a leader in designing and manufacturing total power solutions for critical mission applications.

With over 40 years of combined expertise, the business is well-established in providing fast and effective solutions across a diverse range of industries.

Key Highlights:

- Annual Sales: Approximately $3,500,000 and growing

- Net Profit Margin: 15%

- Established: Over 40 years of combined industry expertise

- Trading: Mon - Fri

- Rent: $98k plus GST per annum

- Lease Terms: 3 years (commenced 1/08/21)

- Staff: Highly skilled and dedicated team (7 x Staff- including owner/operators)

- Ownership: 3 x Shareholders (1 x Semi – Retired, business managed & operated by 2x other experienced owner-operators willing to stay on in their current roles)

- Reason for Sale: Retirement / Divestment

Business Strengths:

- Specialises in a wide range of power solutions, including standby and non-standby power supplies, high-temperature UPS, and more.

- Services a diverse field of industries, including telecom, renewable energy, utility, industrial, and more.

- Known for reliability and performance, with products widely used in communications and data networks.

- Offers regular servicing, maintenance, and repair of all products, with 24/7 field service availability.

- Customisable solutions to suit various applications and environments.

Opportunity:

This business represents a lucrative opportunity for those looking to enter or expand in the power solutions sector. The company's established reputation, diverse product range, and commitment to quality and innovation make it a standout choice for potential buyers. The current owners are prepared to assist with the transition, ensuring a smooth handover of their successful legacy.

Asking price: $1,695,000