Business For Sale

Electrical Contractor – Be Your Own Boss

Basalt, CO
Eagle County


Asking Price: Annual Revenue:
$275,000 $285,000

Services: Construction, Contractors


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RE: Electrical Contractor – Be Your Own Boss Broker: Charles Spickert, CBI
Owner Financing is Available!
The Seller will entertain offers of varying financial and legal structures.

Quick Facts

Asking Price: $275,000
Annual Revenue: $285,000
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: $21,000
Real Estate: Not Disclosed
Year Established: 1966
Employees: 2
BBN Listing #: 708413411
Broker Reference #: 201835

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Business Overview:

Excellent opportunity to be your own boss or add-on to your existing company. Locally respected electrical business for over five decades with a loyal client base. Residential, commercial, service, new construction/remodels, repair and maintenance services. Currently with one full-time electrician and part-time bookkeeper, the next owner can increase revenues by bidding larger jobs and adding employees. Seller will work with new owner for as long as needed to transfer relationships and ensure existing clients are well taken care of in the future.

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Property Features and Assets:

Business is operated out of 1,000 square feet leased office/warehouse and truck.

Market Competition and Expansion:

Competition: Other electrical contractors, large and small operate in the area served by the company, but the owner is generally busy with work from established clients. The company competes on the basis of its 52 years of experience, quality of work, professionalism and credibility. Growth and Expansion: Opportunities for growth through increased marketing (website, social media), networking with general contractor and bidding more jobs. Current owner had more employees in the past, but transitioned to sole electrician over time.

Reason for Selling:

Retirement

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.

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