This Queensland company is a locally owned & operated family business for more than 10 years. They provide electrical, air conditioning, refrigeration, data/communications and MATV (television) trade services within the Bowen Basin Area. The company has a broad client base within the domestic, commercial, industrial and mining industry sectors.
Established clients include local and state government entities, local and national businesses, Tier 1 and Tier 2 companies within the mining sector, and other mining companies. In addition to general trade services the company provides specialist services including cable location, thermal scanning, data logging and VRD testing. The company has a presence on many of the mine sites in the Bowen Basin Area.
The company is situated in an area where metallurgical coal is mined. With steel manufacture dependent on metallurgical coal, the company has an infinite future within the resource sector. The company is a preferred service provider to various mining related companies, accommodation facilities and commercial businesses within the region.
The owners are looking to retire but will remain on to assist with transition to a new owner.
Revenue $2.1 million / Pretax Profit $670,000
Assets $995,000 / Liabilities $280,000
Owners will consider offers over $1,200,000 for goodwill + assets