Electrical Distribution/Product Installation
Business Description
This an exciting opportunity with a business that has a solid foundation and a tremendous upside. The business is a leader in power solutions, dedicated to keeping homes and businesses running without interruption. The company offers product sales, installation, maintenance, and service, providing customers with comprehensive power solutions. It has multiple income streams with revenues from new installations, service and warranty repairs, as well as significant recurring revenue from annual maintenance contracts. It is highly recommended in the community for its professionalism, reliability and its top tier customer satisfaction. Don't forget its beautiful showroom which it uses to showcase its products and educate their customers! The business is now an established player in the market with the tools, processes and staff in place for new ownership.
About the Business
- Years in Operation
- 3
- Facilities & Assets
- This business boasts a beautiful 4860 sqft showroom and warehouse to showcase and store its products. Showroom and warehouse were built-out in 2022 and has room for growth. This business has 3 company vehicles it uses to transport its staff and products to its job locations. Its other assets include computers, software, furniture, fixtures and the tools needed for installation and repair of its products. $30K of inventory is included in sales price. Any additional inventory in stock on day of closing will create an adjustment in purchase price.
- Market Outlook / Competition
- This specific industry is fragmented with most competition operating as local electrical contractors. There are zero companies that offer the specialization that this company provides for its customers. They focus on one segment of the power solution industry which allows them to give their customers the best quality of work and service. This gives this company an edge over the entire market as no one can offer the expertise that they possess.
- Opportunities for Growth
- To start, this company already has the infrastructure for future growth with adequate facilities and equipment. Service is a high-margin opportunity so adding service team members is an option. Other growth opportunities may include the development of recurring contracts as well as a focus on a blossoming commercial market. The business could add retail big-box partners and explore a solar/battery backup product line. This company is poised to take sales and profits to another level within the next few years!!
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- This business has technicians who have received certification for its product service and installation. It also has licensed master electrician and an electrical contractor on staff to request necessary permits for new installations. Owners open to providing training and support for a limited time to new buyers after transfer of ownership.
Listing Info
- ID
- 2408581
- Listing Views
Listing ID: 2408581 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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