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