Residential Electrical Contractor

Not Disclosed, MA Worcester County

Asking Price: $700,000

Annual Revenue: $1,190,473

Services: Utilities: Electric, Gas, Water, Sanitary

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RE: Residential Electrical Contractor
Contact: Justin Grolley

Quick Facts

	Asking Price:	$700,000
	Annual Revenue:	$1,190,473
	Net Profit:	Not Disclosed
	Cash Flow:	$315,904
	Total Debt:	Not Disclosed
	FF&E:	$65,000
	Real Estate:	Not Disclosed
	Year Established:	Not Disclosed
	Employees:	Not Disclosed
	BBN Listing #:	938208
	Broker Reference #:	19923

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Business Overview:

Are you looking to step into the thriving world of residential electrical services or expand your existing operations? This is a golden opportunity to acquire a well-established and profitable residential electrical contracting business. 1. Established Reputation: With a solid presence in the local market, this business has built a reputation over the last 30+ years for delivering high-quality electrical solutions to residential clients. Positive reviews and a loyal customer base contribute to its outstanding standing in the community. 2. Skilled Workforce: Boasting a team of skilled electricians, the business excels in providing a wide range of residential electrical services. From installations and repairs to custom wiring projects, the team is equipped to handle diverse customer needs. 3. Turnkey Operation: This is a turnkey operation with a well-maintained fleet of vehicles, equipment, and established supplier relationships. The seamless operation allows for immediate business continuity and a smooth transition for the new owner. 4. Strong Financial Performance: The business has consistently demonstrated strong financial performance with revenues consistently between $1M-1.1M, with a track record of steady revenue growth. 5. Expansive Client Base: The company serves a broad client base, including homeowners, property managers, and contractors. The diverse portfolio of completed projects includes.

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Property Features and Assets:

The company’s facility is approximately 2,000 Square Feet and consists of a large garage, an office, two bathrooms, and storage areas. It is located in close proximity to major highways. It is available for lease.

Market Competition and Expansion:

Despite its current success, there are ample opportunities for growth. Expanding marketing efforts, offering maintenance contracts, and diversifying services are just a few avenues for the new owner to explore.

Reason for Selling:

Retirement

Additional Details:

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

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