$620,000 + SAV
Exclusive Supply Arrangements
About this opportunity
Big opportunity for a motivated owner operator or a brilliant add on to a bigger business in the service industry. ARS Whitsunday is the only Commercial Electrical, Refrigeration and Air-conditioning professionally set up and operational in this area. The business has been established for 12 Years and has very loyal local clientele as a base but is also supported with preferred service supply arrangements & contractual arrangements with government agencies.
Why should you consider this opportunity?
- Well Established Business
- Scope of Works Include all Facets of Electrical / Refrigeration / Air Con
- Reputable Business with Integrity and Structure
- Turnover in Excess of $1.5m Per Annum
- Number of Contracts in Place Including Government Agencies
- Subcontract to National Suppliers for the Servicing of Chain Stores and Banks
- Installation and Backup Contractors for a National Soft Drink Company’s
- Solid and Loyal Local Client Base
- Substantial Work in Progress at any time
- Currently Introducing an App Based System for Increased Efficiencies
- Location is a Growth Area
- Tropical Location
- Great Lifestyle
- 5 Days Per Week 7.00am to 4.00pm
- Systems and Procedures in Place
- Plant and Equipment Serviced and Maintained in Good Order
- Easily Run
- Very Experienced and Qualified Staff
- Good Landlord with Affordable Lease Including Outgoings
This specialized service industry business is well established and the only one to accommodate the workload in the in the area. Some might call it a monopoly but it does boast a holistic approach with experience and professionalism in all aspects of servicing, installation and maintenance programs to keep their clients businesses functioning with the highest efficiency. The business is very well set up and respected by their long list of clientele, delivering first class customer service by highly qualified tradesmen in their respective field.
The business maintains a solid revenue in excess of $1.5m per annum. This revenue is generated by a loyal local client base of small business and industry. Add to this service contracts with government agencies, preferred service supplier status with medium to large business and industry including sugar mills and sopping centres, subcontracting to national service providers with contracts to national chain stores and mass merchandising brands as well as number one installation, service and maintenance provider for post mix with a national soft drink brand and a backup service provider to another. As you could imagine a stand out business with various revenue abilities, good growth will only continue as the location itself is going through a growth spurt / boom with both local and national businesses expanding in the area. Other prestige clients requiring service is the islands as Airlie Beach and Cannonvale is the gateway to the Whitsunday Island group including the prestige Hamilton and Hayman Island and a number of other tropical Island resorts. This is a massive source of income for the economy of the area attracting a large volume of tourism, so equipment efficiency is paramount.
There is no shortage of work with work in progress running at around $350k maintaining three to four months’ work in advance. In addition to this service maintenance and breakdown work runs at around $80k to $100k per month.
The addition of full Electrical Contracting has also given this business continued future appeal taking that component to a new level, the prior electrical component was restricted to relative works on refrigeration and air-conditioning.
The current owner is currently testing an Ipad app to enable instant status update and equipment work carried out by employees, this function will streamline workflow, increase productivity and efficiencies. The business currently runs with the owner overseeing the business predominately from the office, full time admin support, Full time Operations Manager overseeing three trade qualified staff who work with two first year apprentices, a second year and third year apprentice.
The business trades five days between 7.00am and 4.00pm however as you would expect after hours service is a big requirement in this industry and this is supported with call out rosters.
This is a great opportunity that has become available simply due to the current owner wanting to retiring and has listed the business accordingly at $620,000 + SAV.