- Reputable & profitable electrical contracting business has been established for over 30 years
- Company has a multi-year track record of profitability, average owner(s) discretionary earnings over past five years has been over $330K.
- Projected Discretionary earnings in YE Jan 2023 was 393K
- Due to covid restrictions in the industrial manufacturing sector, business was severely hampered and still managed to achieve discretionary earnings for Y/E 2021 & 2022
- Business is a market leader in the electrical work in its niche market and is on the preferred vendor list of many industrial & commercial manufacturers in its market segment
- Business benefits from repeat clientele and business relationships developed over many years of business history that leads to ongoing revenues
- Business has a non-unionized staff of 7 FT employees and 1 PT employee including the owner(s)
- Business owner(s) key role is to oversee operations, manage client relationships and staff
- Owner is of retirement age, hence looking to sell the business but is willing to stay for an additional 2 years to assist with the transition of the business
- Ideal buyer would need to have some experience in the electrical trade industry
- Email Us : [email protected]
