Business For Sale Listing 145662
Profitable Low Risk Electrical Contractor!
Status as of Aug-19-2008 at 06:00 PM: Active
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Business Summary
The company has been providing electric contracting and services for over two decades. A solid low risk company that has exhibited consistent revenues, profits and owner's draw over the years. Services include new design where required and modifications to existing blueprints as well as new installations and ongoing support clients in the residential, commercial and industrial sectors.
The contractor has a mix of residential, commercial and industrial clients. The company has a steady list of clients that cover the overhead and fixed costs of the business thus allowing the gross margins on each project to add to the bottom line of the company. Over the years, the owner has tried to maintain a balance between the various sectors and not have a large dependency on any one sector or client. The company will acquire project work directly or indirectly as a sub contract to one of the many engineering or contracting firms in the city. All the business is performed within the surrounding area (within 100 km).
This established company has a good reputation in the marketplace, a strong balance sheet, a long history of profitability and an experienced skilled staff to move forward in a growing market. This is a tremendous opportunity for an owner with an electrical background and the business is at the stage where it can offer a pleasant lifestyle "operating as is" in a community that most only dream in living in. A corporate buyer will acquire an immediate acceptance in a growing market, a highly in demand skilled non union work force with work booked for months to come.
The company is non union and enjoys a positive working relationship between the owner and the 20 employees. The owner has developed a winning strategy and business approach to running a profitable electrical business and would be willing to stay on for a specific period of time to ensure a successful transition to the new owner(s).
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Industry
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Financials
| Sales: |
Not Disclosed |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Between $500 Thousand and $1 Million (920,000) |
