Water and Electrical Company - Revenue $2.1m - Profit exceeding $330k

About the business

Phone enquiries - please quote property ID 27906.

Looking for a Sea Change, A long-established pump and electrical sales and service company based in the coastal City of Geraldton has come on the market. GG Pumps and Electrical, Est 2007, is an independent water-based company that has national buying and marketing power due to it being a member of Irrigear. With a sales revenue of around $2.1 million a year and excellent net profits, this is s a fantastic opportunity to purchase a growing business with huge potential for expansion.

GG Pumps and Electrical is a highly diversified business with seven main lines of business and a growing customer base.

Features and Benefits
• Average turnover of $175k per month in 2021/2022, with an average growth of 16.5% over the last three years
• Excellent returns with profits exceeding $330k for the owner.
• Long-term lease in place with options, - premises can be purchased if required
• Well know business with a consistent marketing message, vehicles, and premises with good signage.
• Located between two main thoroughfares in Geraldton’s Light industrial area
• A large and growing customer base
• A member of Irrigear
• Sales agency for most major pump companies
• A well established and equipped workshop and service vehicles
• A large range of irrigation and water stock
• Owner stepping back but would stay on in a part-time technical and/or customer liaison role if required.
• 10 years of strategic planning available
• Marketing and sales plans
• A custom-built Integrated Management System
• 728square meters of floor space, split into three main attached areas- Store, workshop, warehouse. with ample office space
• 50m x 10 m hard stand alongside of the building
• Off-street parking out front,

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