Electrician and Generator Installation Business

Not Disclosed, MI

West Michigan


Asking Price: Annual Revenue:
Not Disclosed $845,545

Services: Construction, Contractors


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RE: Electrician and Generator Installation Business Broker: Max Friar
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $845,545
Net Profit: Not Disclosed
Cash Flow: $213,318
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: $350,000
Year Established: 1985
Employees: 3
BBN Listing #: 393345079
Broker Reference #: 128

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Business Overview:

This opportunity represents an electrical services and generator sales and service company located in West Michigan. The Company performs residential, commercial, and retail services. Additionally, the Company can perform level I and level II installations of electric vehicle charging stations. However, much of the Company’s revenue comes from its generator installation and service division. The Company specializes in home standby generator installation and service.

The Company has a strong reputation within the greater West Michigan community, receiving many of its jobs through word of mouth referrals. Customers choose the Company over competitors because of the Company’s reputation, location, and competitive prices.

The Company was founded in 1985 by the current owner. The Owner is actively involved in the Business full-time, working between 30-50 hours per week. The Owner spends most of his time working in the office. The Owner’s main duties are providing estimates to potential customers, scheduling projects, and purchasing all equipment and materials. The Owner’s wife provides part-time bookkeeping work to the Company. The Owner and his wife are flexible to help the new owner(s) effectively transition into the Business.

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 2,000 square foot facility. The facility consists of a 1,000 square foot office building and a 1,000 square foot storage building. Both buildings are in good condition. The storage building features three overhead doors and 12-foot ceilings. The facility has a main utility electric service capability of 200 amps with a 15,000KW Generac backup generator. The office building also has a new heating and cooling system. The facility is owned by the Owner through a separate real estate holding entity and leased to the Company. The Owner is flexible to sell or lease the facility to the new owner(s).

Market Competition and Expansion:

Investment Highlights Include: (1) Located in a Great Area with a Growing Population (2) Strong Reputation in Surrounding Area (3) Recent Surge in Demand for Generators Growth Opportunities Include: (1) Hire More Employees (2) Focus More on Generator Division (3) Expand Serviceable Locations

Reason for Selling:

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:

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