Business For Sale

Electrical Contractor, Industrial, Commercial

Nova Scotia Province, Nova Scotia


Asking Price: Annual Revenue:
$1,950,000 $3,674,880

Services: Construction, Contractors


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RE: Electrical Contractor, Industrial, Commercial Broker: Mark Pothier

Quick Facts

Asking Price: $1,950,000
Annual Revenue: $3,674,880
Net Profit: Not Disclosed
Cash Flow: $831,947
Total Debt: Not Disclosed
FF&E: $149,707
Real Estate: Not Disclosed
Year Established: 1990
Employees: 16
BBN Listing #: 47344955
Broker Reference #: 9201-12359

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Business Overview:

Well established company with a long history of strong cash flows. Outstanding opportunity for a strategic or financial buyer. Focused on highly specialized jobs, mostly related to the energy sector. This successful Maritime company is known for superior workmanship and loyalty, with a 90% client retention rate. Talented and experienced management team/workforce in place. This is an ideal opportunity to acquire a profitable company with capabilities in a highly technical field and a roster of blue-chip clients.

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Property Features and Assets:

The business is housed in a pre-engineered steel frame building and is centrally located in a light industrial park with easy access to a 100 series highway. Assets = $1,048,874

Market Competition and Expansion:

Electrical contracting is a mature industry, most work being driven by construction/industrial activity and operation, maintenance and repair work (sometimes called "facilities services"). The industry is highly fragmented: 80% of electrical contracting firms have fewer than 10 employees. Larger companies have an advantage in getting contracts because of the increasing complexity of electrical projects and systems. Small companies can compete in local markets through service, word-of-mouth referrals, and relationships with general construction contractors. The company has few competitors in a market segment with natural barriers to entry given specialized nature of the projects it services. The company is a leader regionally having relationships with large general contractors working in the energy sector as well directly with enterprise level clients. The company shall continue to grow the client base in the energy sector. By continuing to educate its workforce and work with industry associations it will leverage its knowledge and experience as a regional leader. The company offers many services, operational insights and budgets, that most electrical contractors cannot.

Reason for Selling:

The owner is looking to pursue other interests.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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