Retiring Owner – Electrical Business in GTA

  • Company: Very profitable, well-established Electrical company with 10y+ history
  • Consistent Profitability: Company has a multi-year track record of profitability, with the last year (Year-End Sept-2024) revenue of
    around $1.77M and seller’s discretionary earnings (SDE) approximately $444k. The average SDE for the last 3 years (Y2022-2024)
    was around $490k.
  • Loyal Client base: Strong/long relationship with clients – In the last 3 years almost 80-90% of annual sales were generated from
    long-term clients.
  • Revenues: Generated from different market segment: Commercial Constructions (new or renovations), Electrical work for Fire
    Alarm systems, installations of EV (Electrical Vehicles) charges and Service Calls related to previous installations.
  • Geographical Coverage: Most of the installations/services offered are in GTA and cities around.
  • Growth Opportunities: Exist by undertaking more projects from existing (long-term) clients or by implementing a more aggressive
    marketing to expand the client base
  • Staff: Owner included – a non-unionized staff of 9 full-time employees and one full-time subcontractor.
  • Owner’s Role: Handle sales, estimates, quotes – managing the staff – supervising ongoing projects/installations and services.
  • Marketing: Most of current revenues are generated through existing clients and referrals, with minimal or no marketing at all.
  • Smooth Transition: Owner is planning to retire, hence looking to sell the business. He is willing to stay on board for a negotiable
    period (3-6 months) to assist with the transition of the business
  • Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller, valued at $90k)
  • Financing Flexibility: Seller is open to consider seller financing option for serious and qualified buyers only