Retirement - Electrical Contracting Business for Sale in Greater Toronto Area- 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

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