• Well Established & Reputable Electrical Contracting business in Hamilton & Niagara region, in operation for approximately 30 years
• The business enjoys exceptionally high customer retention, reflecting its focus on quality and client service.
• Business has a multi-year track record of revenues with average total revenue of approximately $840k during the last 5 financial years, with revenues in the year-ended December 2024 being approximately $857k
• Over the last 3 years, business has consistently shown average discretionary earnings of approximately $290K
• As of March, the business has contracts worth $150k in the pipeline.
• Business price includes assets of approximately $70K
• Business has a non-unionized staff of 3 employees inclusive of licensed electrician, 3rd year apprentice and office clerk.
• Business owner(s) key role is general management, estimation and sales..
• The company is experiencing strong sales demand. According to the seller, the business could support higher revenues with additional staffing. Currently, seller has chosen to maintain operations at current scale out of personal preference.
• Business currently operates from the owner’s residence.
• Current Owner is looking to retire from the business to pursue other interests, but is willing to stay on board for a negotiable period to assist with the transition of the business.
