Profitable Pumps and Electric Motors Sales and Service Business for Sale

Summary

Business for Sale in Victoria - Electric Motor and Pumps Business for sale in Central Victoria

Established profitable pumps and electric motors business for sale in Central Victoria. The business was built from scratch by the vendor about 9 years ago in the Golden Triangle of Victoria. Since it's inception and dedicated work of the vendor, the business has grown to become the best service, repair and sales centre in and around Central Victoria. The business sales has grown ~27% in FY 22 compared to FY 21 yet there are lot of untapped opportunities yet to be capitalise on. Vendor is currently approaching retirement age and willing to handover the baton to the next motivated person. All the hard work has been done for the purchaser to scale up and take the business to the next level. Vendor is also prepared to stay back for a year or more on a part time basis for smooth transition.

* Highly profitable recession proof business

* Long established electrical motor and pumps sales, service and repair business

* Has strong loyal client base - residential to small business to corporate

* Located in the heart of the prime commercial area - The Golden Triangle

* Fully stocked and highly visible showroom

* Fully equipped workshop provides ease and high productivity for repair work

* Located on a prominent industrial estate with high visibility position

* Service, Sales and Repair for - Electric Motors (Including Rewinding), VSD - Variable Speed Drives,Gear Boxes, Fans (Extractor canopy, Barrel and Bladed),Generators (Domestic, Commercial and Industrial),Fire Fighters Diesel and Petrol, Pressure Washers (Electric, Diesel and Petrol),Filtration - Industrial and Domestic, Fittings and Hoses, Stainless Steel - PVC - Poly - Brass, Gauges, Meters, Electric Switches, Pressure Switches, Transducers, Pumps - Air - Oil - Hydraulic - Glycol - Diesel - Petrol - Chemical – Water, Water Storage Tanks

* Long lease and low rent - $38,000 (ex) per year

* Long established accounts with well-known brands - WEG, Teco, CMG/Regal, Techtop, McMillon, HyJet/Maxijet, Pentax, Orange, Dab, Onga, Lowara, Waterco, Astral, Puretec, Flyght, AWM, Middys, Fasco. Business also has distributorship of a prominent brand.

* Extensive client list that includes some prominent businesses - Quarries, Mines, Manufacturing, Local and State Government Departments, Food Industry, Electrical Contracts, Plumbers, Refrigeration Contractors, large corporations i.e A G Coombs, Hanson Australia, Rivalea, etc.

* Vendor is currently working by himself but opportunity is there to grow the business by employing dedicated staff to look after the sales and service/repair divisions.

* Business comes fully equipped plant and equipment worth over $133,000 including 3 vehicles - 2 with fully tooled utilities with cranes, Forklift, etc.

* Business doesn't require any formal qualifications to run but it will be an advantage to have a Restricted Electrical Worker’s License (REL) previously known as ‘D’ licence

* Vendor will provide full training and handover for up to 4 weeks pre-settlement. Vendor is also willing to stay back on a part time basis for the purchaser for 1 year or more if required

* Asking Price $350,000 + Stock At Valuation (Appx $100K)

$350,000

Professional Services

VIC

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