Retirement - Electrical Contracting Business for Sale in Toronto, Ontario- 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

  • For further information on this business opportunity, please email us at nitin@n3business.com 

Electrician