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Electrical Contracting Business For Sale In GTA



Ref #:



West - GTA

• Reputable & profitable electrical contracting business has been established for over 30 years

• Company has a multi-year track record of profitability, average owner(s) discretionary earnings over past five years has been over $330K.

• Projected Discretionary earnings in YE Jan 2023 was 393K

• Due to covid restrictions in the industrial manufacturing sector, business was severely hampered and still managed to achieve discretionary earnings for Y/E 2021 & 2022

• Business is a market leader in the electrical work in its niche market and is on the preferred vendor list of many industrial & commercial manufacturers in its market segment

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

• Business has a non-unionized staff of 7 FT employees and 1 PT employee including the owner(s)

• 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 for an additional 2 years to assist with the transition of the business

• Ideal buyer would need to have some experience in the electrical trade industry

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