Business Overview:
Take advantage of this thriving electrical contracting business that caters to the dynamic residential, commercial, and light industrial industries. From electrifying remodels and new constructions to swimming pools and hot tub wiring, executing service upgrades, and providing expert electric repairs, this business is well-equipped to meet comprehensive electrical needs for a variety of customers.
Established in 1994 by the hands-on owner, this company has flourished with the owner’s relentless commitment. Presently, ownership dedicates approximately 50 hours a week to overseeing daily operations in the field, promptly responding to customer inquiries, and ensuring a steady flow of business. The owner is eager to facilitate a smooth transition and is willing to provide support for an agreed period of time.
The Company has built up a strong reputation for itself and has become a distinguished player in the market by providing consistent, high-quality workmanship at a fair price. The Company operates out of a facility owned within the same entity that is estimated to be worth $175,000.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email us and request a PDF version.
Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.
IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email us for support. Thank you in advance!
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The Company operates out of a 2,100 square foot facility. The facility was originally constructed in 1946 and underwent remodeling after the Company purchased the building in 2014. The front half of the building features two offices, one break room, one indoor shop and storage area, and a mechanical room with a large utility sink. The back half of the building includes two truck bays, a large work bench area, and storage space for electrical inventory and tools. Ownership is flexible to sell or lease the facility.
Market Competition and Expansion:
Investment Highlights Include:
(1) Located in a Growing Area
(2) Expanding Customer List with Many Repeat Customers
(3) Relationships with Local Tradespeople for Referrals
(4) Strong Backlog of Jobs
Growth Opportunities Include:
(1) Hire Additional Electricians
(2) Increase Serviceable Locations
(3) Bolster Generator Service Segment
(4) Target Electric Vehicle Charging Station Opportunities
Reason for Selling:
Ownership would like to pursue retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Relevant Links: