• 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.
• Revenues from: 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
