Asking $1,700,000
This well-established electrical contracting business is a trusted name across Northland. With nearly 20 years of trading history, a skilled team of 10+, and strong local brand presence, the business services a wide range of residential, commercial, government, and rural clients — with no reliance on any single customer or contract. It also benefits from excellent customer concentration and a broad variety of work, ensuring resilience and consistent workflow across sectors.
Revenue for FY25 exceeded $2.38M with a three-year average EBPITDA of $650,000, reflecting consistent demand and efficient operations. The business boasts well-structured systems including SimPRO and SharePoint, ensuring seamless quoting, scheduling, compliance, and invoicing.
A major advantage for any buyer is the current owner's willingness to stay on in the business post-sale. They are open to retaining a minor shareholding and working within the business for the next 3-4 years. This ensures a smooth transition, continuity of customer relationships, and ongoing access to their extensive local knowledge and experience.
Highlights:
• Strong recurring income and forward work pipeline
• Excellent customer concentration and variety of work
• Broad customer base including Kāinga Ora, schools, iwi, councils, and major builders
• SiteWise Gold Certified and Master Electricians member
• Opportunity for growth in solar, EV charging, and HVAC
• Owner willing to stay on as a working shareholder to support transition and growth
This is a rare chance to secure a profitable, systemised business in a high-growth region with genuine upside. The business is priced at $1.7M including $170K of tangible assets and $10K in stock.
Price $1,700,000
Contact Oliver Wright - 021 0812 2355 or Travis Sherlock - 021 0222 7719 for a confidential discussion.
For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=35935
