Thriving Electrical Contracting Business in the Heart of Toronto
- Established in 1992: Renowned for high-quality electrical construction, repairs, and maintenance.
- Loyal Client Base: A strong foundation of recurring customers built over three decades.
- Strategic Toronto Location: Positioned in a dynamic urban area, ideal for business expansion.
- Cost-Effective Operations: Home-based business model with minimal overhead costs, offering the ability to work remotely.
Financial Highlights
- Consistent Revenue Growth: Projecting an upward trend with estimated revenues of $700,000 by 2024.
- Healthy Bottom Line: Impressive Seller’s Discretionary Earnings (SDE) of $153K in 2023.
Human Resources & Assets
- Skilled Professionals: Team of three, comprised of licensed electricians and apprentices.
- Includes Key Equipment: Sale encompasses essential tools and service trucks.
Opportunity & Potential
- Acquisition Opportunity: Ideal for buyers looking for a turnkey business with growth potential.
- Recession-Proof Sector: Demonstrated ability to thrive even in economic downturns.
- Operational Efficiency: Business model ensures easy takeover and continuation.
- Customer Satisfaction Focus: High retention rates indicative of outstanding service quality.
- Scalable Business Model: Opportunities for geographical and service expansion.
Transition & Future
- Flexible Sale Terms: Open to discussing seller financing under favorable conditions.
- Timely Sale Opportunity: Owner retiring after 31 years, offering a rare business opportunity.
