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Business For Sale

Electrical Contractor

Not Disclosed, CT

Services: Repair, Home Improvement, Painting

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
$2,200,000
Not Disclosed
$337,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1969
12
354212806
Owner Financing is Available!
Some owner financing could be available for the right buyer.

Business Overview:

Over 60 years of solid profitability. Growth of the company has been based on a philosophy of integrity, creativity, capability and a responsibility to their clients with little need for advertising. Dedicated merit shop workforce with an average tenure of 17 years employment with the company. Depth of experience in many industries (healthcare facilities, industrial, municipal, historic restorations, etc). The company has several long term (5 year) contracts with municipalities to maintain streetlights and a ten year history of performing street light maintenance, repair and installation. Signed two year contract with the local utility company to provide all required service work. Retained Electrical Engineer to review all designs and approve and stamp drawings for permitting. Generac® service maintenance certified technicians. 24 hr. on call emergency response capability. Fleet of 14 impeccably maintained vehicles provides very effective brand recognition and advertising for the business.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The company has is run out of a 6,000 sq. ft. industrial building which is primarily used for inventory, offices and garage space for company’s fleet of vehicles. (The maximum size you can input is 560 characters).

Market Competition and Expansion:

The market is competitive however it would not be considered overcrowded. Many contracts and jobs require competitive bidding. Some of their business is competitive bids, with the company’s reputation and brand awareness they are invited to bid on jobs that may not be widely known to all in the industry.

Reason for Selling:

Owner at planned retirement age.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: