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Asking Price$550,000
Revenue$3,000,000 EstablishedUndisclosed
Cash Flow$313,000 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableYes
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
* Profitable electrical contracting business established for nearly 30 years

* Discretionary earnings in year ending Dec, 2020 was 313K, average discretionary earnings over past four years has been around $220K.

* Average revenues over past four years has been above $3.2M

* Business is a market leader in the electrical work in its niche market and is on the preferred vendor list of many institutional facilities in its market segment

* Business benefits from repeat clientele and business relationships developed over many years of business history that leads to ongoing revenues

* Almost 100% of revenue is generated via new construction work

* Business has a unionized staff of 18 FT employees including the owner

* Business owner(s) key role is to oversee operations, manage client relationships and staff

* Owner is of retirement age, hence looking to sell the business but is willing to stay in a consulting capacity to assist with the transition of the business

* Ideal buyer would need to have some experience in the electrical trade industry
Sale Reason:Retirement
Ad #130982
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Contact This Seller
N3 Business Advisors Inc.
N3 Business Advisors Inc.
(647) 967 4222
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