Hot Listing
40+ Year Electrical Contractor Business Available For Sale
Business Description
We are thrilled to present an exceptional investment opportunity of purchasing a longstanding Residential and Light Commercial Electrical Contractor business. This established electrical company and property are now available for sale (real estate is extra to asking price), and we invite you to be a part of this thriving, historic business. After 40 years of successful operations the owner is ready to retire and pass this on to the next generation of ownership. The real estate is not in need of purchase and a lease arrangement could be put in place unless other alternative locations exist for this acquisition.
About the Business
- Years in Operation
- 43
- Employees
- 14
- Currently Relocatable
- Yes
- Facilities & Assets
- Owner built the building for company headquarters in 1991 and has been based there since. Currently pays rent to their personal holding company as well as a collects rent from additional tenants for additional revenue upwards of $5,000/month (not included in business income). Includes 5 fleet vehicles, tools, and equipment.
- Market Outlook / Competition
- Ample competition in the area with a variety of electrical contractors but few that have been around for 40+ years that have extensive network of builders.
- Opportunities for Growth
- Owner currently turns down work due to excessive demand and ready to slow down for retirement.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 5,200
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner willing to stay on as long as needed, at pre-determined rate, to assist in the transition.
Listing Info
- ID
- 2123606
- Listing Views
- 3078
Listing ID: 2123606 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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