• Overview
Operating for 25+ years, this business is a well-established electrical contractor in Southwestern Ontario, serving over 200 clients across industrial and commercial sectors. The company has built a strong reputation for reliability, quality, and long-term customer relationships.
• Ownership & Transition
The owners are seeking retirement and will support a smooth transition, including customer introductions and operational handover. The experienced team is expected to remain in place.
• Attractive & Diversified Revenue Model
The company offers a full suite of electrical construction and maintenance services, supported by a stable mix of recurring and project-based revenue (~60% service / 40% Project based). It offers a highly niche positioning in electrical services space provides a strong competitive edge with high barriers to entry.
• Specialized Competitive Advantage:
– One of the only providers in the region qualified for a highly niche electrical work
– Limited competition across Ontario due to technical and experience requirements
• Skilled Workforce & Operational Stability
Supported by a unionized team of 7 experienced employees, including licensed electricians and apprentices. A structured operating model with clear roles ensures efficient project execution and continuity. Owner’s role can be partially transitioned to some of the employees.
• Financial Performance
Average revenue (Last 3 years): ~$2.3M
SDE (Last 3 years): ~$600k
Gross margin (Last 3 years): ~26% from repeat customers.
• Assets Included
The sale includes all assets, including vehicles, tools, equipment and inventory worth $1.4M providing a turnkey platform for operations.
• Growth Opportunities
The company is well-positioned for growth through expansion in commercial and industrial markets, digital marketing and adding a dedicated sales function to drive new business.
