Electrical Contractor – Revenue Doubled Year-Over-Year
Business Description
High growth B2B electrical contractor!
An established electrical contractor serving commercial, industrial, and institutional clients in Ontario. The company provides electrical installation, service, and project based contracting across new construction and ongoing facility work.
Revenue has approximately doubled year over year. The company also holds a secured and awarded contract backlog exceeding its prior full year of revenue, providing visibility into forward workload.
Growth has been supported by expansion into a regional market with limited contractor availability, including multi year agreements and institutional client relationships.
Work has been generated through repeat clients, contractor referrals, and industry reputation rather than paid advertising, with customer retention of approximately 90%.
Operations are supported by established project coordination processes and a fleet of owned service vehicles.
Ownership is exploring a strategic transition and is open to providing a defined handover period to support continuity in operations, client relationships, and project oversight.
The opportunity is best suited to an existing electrical contractor seeking to add licensed field capacity, an established commercial and institutional client base, and a contracted workload that can be absorbed into current operations from day one.
Financial detail, backlog composition, and market specifics are provided upon execution of a confidentiality agreement.
Prospective buyers are requested NOT TO CONTACT THE OWNER OR EMPLOYEES DIRECTLY. All inquiries must be directed through the broker.
Revenue has approximately doubled year over year. The company also holds a secured and awarded contract backlog exceeding its prior full year of revenue, providing visibility into forward workload.
Growth has been supported by expansion into a regional market with limited contractor availability, including multi year agreements and institutional client relationships.
Work has been generated through repeat clients, contractor referrals, and industry reputation rather than paid advertising, with customer retention of approximately 90%.
Operations are supported by established project coordination processes and a fleet of owned service vehicles.
Ownership is exploring a strategic transition and is open to providing a defined handover period to support continuity in operations, client relationships, and project oversight.
The opportunity is best suited to an existing electrical contractor seeking to add licensed field capacity, an established commercial and institutional client base, and a contracted workload that can be absorbed into current operations from day one.
Financial detail, backlog composition, and market specifics are provided upon execution of a confidentiality agreement.
Prospective buyers are requested NOT TO CONTACT THE OWNER OR EMPLOYEES DIRECTLY. All inquiries must be directed through the broker.
About the Business
- Years in Operation
- 13
- Employees
- 9 Full-time
- Currently Relocatable
- Yes
- Facilities & Assets
- Leased shop and office premises in a multi-unit industrial park. The location serves as a base for crews, vehicles, and materials and is not customer-facing, so the business is not dependent on visibility or foot traffic.
- Opportunities for Growth
- The most immediate opportunity is converting the existing backlog, which already exceeds the company's prior full year of revenue and can be executed with modest crew expansion rather than added fixed overhead. The company has also established a foothold in a secondary Ontario market where qualified contractors are scarce and pricing holds, with multi-year contracts in place and the model replicable nearby. Growth to date has come entirely from repeat clients and referrals with no sales function and effectively no advertising, leaving clear room to develop both new business and existing multi-site accounts.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,450
About the Sale
- Transition Support
- Ownership is prepared to remain through a defined handover period to support continuity in operations, client relationships, and project oversight. This includes introductions to key customers and suppliers, transfer of estimating and project coordination practices, and continuity on active contracts and backlog through to completion. The scope and duration of the transition are open to discussion and can be structured to suit the buyer's requirements, whether that is a short handover for an experienced contractor or a longer, more involved arrangement.
Listing Info
- ID
- 2556247
- Listing Views
Listing ID: 2556247 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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