An exceptional opportunity to acquire a thriving business specializing in top-tier electrical solutions for mechanical. With a track record of excellence spanning many years, this business has established a solid reputation for reliability and innovation that ensures regular customer projects. From power distribution and motor controls to advanced automation systems and energy management solutions the business offers a comprehensive suite of services designed to optimize the performance, efficiency, and safety of mechanical systems across various industries. The demand for reliable electrical solutions for mechanical services is on the rise, driven by factors such as technological advancements, regulatory compliance, and the increasing emphasis on energy efficiency and sustainability. With a well-established brand and a loyal customer base, the business is primed for expansion and diversification. With the right vision and strategic direction, there is significant potential to capitalize on emerging trends and capitalize on untapped opportunities. Therefore, this will likely be an industry acquisition best suited to an existing electrical contractor wanting to expand and gain manufacturing and assembly expertise. This business is achieving current revenues of $2.8M; with a likely EBIT of $750,000 for FY’24 The price is NZ$3,000,000 to acquire all assets as a going concern including IP; risk management and quoting systems and the benefit of existing customer and supplier relationships and agreements.
