Retirement – Electrical Contracting Business for Sale in GTA – Ref # 2899

Profitable electrical contracting business established for over 35 years by the current owner * Company has a multi-year track record of profitability, average owner(s) discretionary earnings over past four years has been around $400K. * Average revenues over past four years has been above $2.2M * Business is a market leader in electrical service and electrical new construction work in its geographical market and offers a complete set of electrical solutions including installation, service etc. * Business benefits from repeat clientele and business relationships developed over many years of business history that leads to ongoing revenues.

Almost 30% of revenue is generated via service work and 70% via new construction * Business is on the preferred vendor list for many school boards, municipalities and commercial property owners * Business has a non-unionized staff of 9 FT employees excluding the owner * Business owner(s) key role is to oversee operations, manage client relationship, staff and estimating

Owner is over the retirement age, hence looking to sell the business but is willing to stay in a consulting capacity to assist with the transition * Ideal buyer would need to have some experience in the electrical trade industry