Company: Very profitable, well-established Electrical contractor with 17y+ history
Consistent Performance: For the last 3 years (Y2022-2024) the average revenue was $1.88M/y and the average of seller’s discretionary earnings (SDE) was approximately $432K/y
Loyal Client Base: Strong/long relationship with clients – In the recent years almost 90% of annual sales were generated from long- term clients
Revenue Base: Industrial electrical work, Automation (PLC programming, complete design and build), Generators (installation/services), Supply/install solar and off-grid systems, Installations of Tesla EV chargers
Geographical Coverage: Serving the Waterloo/Cambridge area and any client within 1-1. 5 hrs drive radius
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 4 full-time employees and 2 part-time and a small network of subcontractors
Owner’s Role: Sales, purchases, laying out jobs – manage the staff – supervise 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 willing to stay on board for a negotiable period (3-12 months) to assist with the transition of the
business
Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller) valued at $359K
Financing Flexibility: Seller is open to consider seller financing option for serious and qualified buyers only
