BRECKENRIDGE, Colorado
| Asking Price |
$150,000 |
Year Established |
1993 |
|
| Annual Revenue |
$271,667 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Dave Kriese |
|
| Annual Cash Flow |
$95,000 |
Listing Number |
1003050 |
|
| # of Employees |
2 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
This is an established electrical contracting business serving Summit County, Colorado's affluent residential and commercial markets since 1993. Founded by a Master Electrician with over 40 years of experience, the company has built a strong reputation over 32 years for quality workmanship, proper permitting, and reliable service.
Operating with a lean team of two highly skilled, long-tenured employees, the business specializes in new construction electrical installations, remodeling projects, and service work for high-end homes and commercial properties in Breckenridge, Keystone, Frisco, Dillon, Silverthorne and surrounding mountain communities.
The business operates successfully with minimal owner involvement. Revenue is generated through a mix of residential new construction, commercial projects, remodeling work, and ongoing service calls, all built on word-of-mouth referrals and repeat customers.
Property Features and Assets:
This business is run from a home office. A commercial work van, estimated value of $12,500, is included. Inventory of electrical supplies worth an estimated $15,000 will need to be stored.
Market Competition and Expansion:
There is a labor shortage in the electrical trades. This is due to a shift toward college education and fewer people entering trades. Despite the high pay and union benefits, the industry struggles to attract new talent.
Most electrical work is done on new buildings, with one-third going to updates and maintenance.
At its peak, this business employed 16 people. As the owner approached retirement, he allowed the business to decrease in size to make it easier to manage.
There are competitors in
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity