Long-time, Profitable, Breckenridge Electrical Contractor for Sale
Business Description
This is an established electrical contracting business serving Summit County, Colorado's affluent residential and commercial markets since 1993. Founded by a Master Electrician with over 40 years of experience, the company has built a strong reputation over 32 years for quality workmanship, proper permitting, and reliable service.
Operating with a lean team of two highly skilled, long-tenured employees, the business specializes in new construction electrical installations, remodeling projects, and service work for high-end homes and commercial properties in Breckenridge, Keystone, Frisco, Dillon, Silverthorne and surrounding mountain communities.
The business operates successfully with minimal owner involvement. Revenue is generated through a mix of residential new construction, commercial projects, remodeling work, and ongoing service calls, all built on word-of-mouth referrals and repeat customers.
Operating with a lean team of two highly skilled, long-tenured employees, the business specializes in new construction electrical installations, remodeling projects, and service work for high-end homes and commercial properties in Breckenridge, Keystone, Frisco, Dillon, Silverthorne and surrounding mountain communities.
The business operates successfully with minimal owner involvement. Revenue is generated through a mix of residential new construction, commercial projects, remodeling work, and ongoing service calls, all built on word-of-mouth referrals and repeat customers.
About the Business
- Years in Operation
- 32
- Employees
- 2 (2 Full-time)
- Facilities & Assets
- This business is run from a home office. A commercial work van, estimated value of $12,500, is included. Inventory of electrical supplies worth an estimated $15,000 will need to be stored.
- Market Outlook / Competition
- There is a labor shortage in the electrical trades, due to a shift toward college education and fewer people entering trades. Despite high pay and union benefits, the industry struggles to attract new talent.
Most electrical work is done on new buildings, with one-third going to updates and maintenance.
At its peak, this business employed 16 people. As the owner approached retirement, he allowed the business to decrease in size to make it easier to manage.
There are competitors in Summit County but demand remains solid through referrals. - Opportunities for Growth
- Implement online marketing program, create website, use Google ads, and embrace SEO.
Increase commercial client base through Chamber of Commerce networking and construction industry contacts.
Hire additional team members and expand service area to include Eagle and Park counties.
Develop partnerships with property management companies and HOA's to secure recurring maintenance contracts.
Add EV charging station installation, whole-home generators, and smart home automation services.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Support & Training to be negotiated at closing
Listing Info
- ID
- 2449602
- Listing Views
Listing ID: 2449602 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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