Retirement – Electrical Contracting Business In GTA – Ref # 9704

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.