Commercial Electrical Contractor in GTA

  • Company: Based in Greater Toronto Area (GTA) – well established with 35 years in operation
  • Industry and Revenues: Mainly from well-known industrial and commercial general contractors or major clients with an approximate
    split of 50/50% between projects and services. Around 40% of the revenues are recurrent from repeat clients
  • Performance: Company with an established team, loyal clients, stable revenues ($5M+ of revenues/year in the last 2 years) and great
    growth potential going forward – strong performance expected for Year-end 2025 and beyond
  • Geographical Coverage: Most of the projects and services offered are in Greater Toronto and surrounding areas.
  • Growth Opportunities: Expansion of existing services from the present clients by better covering the West-GTA opportunities. Expand
    geographically beyond GTA, increase the workforce, undertake more projects from existing and new clients and/or by implementing a
    more aggressive sales/marketing strategy to expand the client base
  • Staff: Owner included – a unionized staff of 16 full-time employees. Key employees have been with the company for last 5-15 years
  • Owners’ Role: Owners’ key role is to handle overall management of the company, sales, estimations and oversee main
    projects/services
  • Marketing: Most of current revenues are generated through existing clients and referrals, with very minimal marketing
  • Smooth Transition: Owner is planning to semi-retire, hence looking to sell the business – Willing to stay on board for a negotiable
    period (6-12 months) to assist with the transition of the business and beyond
  • Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller, valued at $756k)
  • Financing Flexibility: Seller is open to consider seller financing option for serious and qualified buyers only