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*** SOLD ***
Electrical Contracting Business
Listing: #10612
Dave Morgan
Broker | Wellington
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in
Electrical Contracting BusinessAn outstanding opportunity for a Registered Electrician or Electrical Contractor. Well established business operating for 5 years plus with loyal staff and a regular and expanding commercial and domestic customer base. PLUS the benefits of belonging to an award winning franchise group that provides administration systems, marketing materials, buying power, national contracts and ongoing support. All the systems that support good profitability! This Wellington Franchisee has proven to be one of the most successful in the group with exceptional profit margins to the owner/operators. 2010 Annual Sales $851,874. 2010 Normalised profit represents a 123.6% return on asking price for an owner operator !! Pay this business off in less than a year! Owners keen to move overseas.
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This listing is no longer taking enquiries as it is SOLD
*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.