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Asking Price$898,000
Revenue$650,000 Established1982
Cash Flow$200,000 Employees7 full, 1 part
FF&E$200,000* FranchiseYes
Inventory$200,000* RelocatableNo
Real Estate$0 Home-basedYes
* Included in Asking Price
Very successful Electrical Business for sale in the sunny Okanagan valley in Beautiful British Columbia. Owner retiring. Holmes Electric and his electricians service the Okanagan Valley from Peachland, Westbank, West Kelowna, Kelowna, Lake Country, Vernon, Lumby and Armstrong areas.
We provide the following electrical services: Residential, Commercial, Industrial, Fire Alarms , Shaw & Telus wiring, Boat Lifts, Docks, Streetlight Repairs and Maintenance, 24/7 Trouble Shooting and Emergencies, Security Lighting, Small or Large electrical jobs. Established in 1982, Holmes Electric has been providing quality electrical installations and services without compromising on safety. Owner Mike Holmes shares the same name as the infamous TV guru Mike Holmes of the "Holmes on Homes'" fame. Therefore, we named our website "Holmes on Ohms"...as you could guess, we do get many comments and accolades from fellow Contractors and of course clientele. We have won "Service Excellence" awards and take pride in our customer satisfaction reputation. Just go to our Testimonials page. This business is well established, very popular and ready for a new owner/blood to take it over. It is definitely Franchise ready. Call Mike for more details. Asking $698000 Can.
Facilities:4 fully equipped service Chevy Vans c/w Logo wraps, 1-2005 Ford F450 Bucket-truck....booms to 40ft., 1 Utility trailers, Rented Storage space for shop supplies, etc...
Competition:We are rated #1 for Service Electricians in the Valley. There are several other smaller poorly run outfits in the area which only benefits us.
Growth Potential:Each man in a service van adds to bottom line....and can easily sell franchise's with a reputation and name like this one.
Seller Financing:No
Sale Reason:Retiring
Ad #80545
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Mike Holmes
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