Nice Opportunity to purchase a profitable Electrical Contractor
Business Description
Well established profitable electrical contractor with consistent positive cash flow. They have 8 electricians on staff along with the owner. This company specializes in working with Builders and currently 100% of the business is with four very good relationships. New owners would have the ability to expand into service and also commercial. They have developed a very nice niche and have nice margins.
The location would have an option to lease for the new owners and terms can be flexible. They have a 6800SF facility. They currently have 15 employees along with the two owners who would like to pass the torch to the new owners and retire.
The Company provides a competitive employee benefits package designed to support employee
retention. Medical insurance is 100% company-paid, while employees are responsible for dental
and vision coverage. They also give bonuses to employees.
Owners are willing to stay on to assist in transition for 30 days at no cost and are willing to stay on longer as depending on the situation and agree to terms.
This company provides professional electrical contracting services, with a significant portion of its
business supporting residential builders and new-home construction. The Company's services
include electrical installation and related electrical contracting work for residential construction
projects, along with service calls to builders, troubleshooting, quality control, and other electrical services as required by its customers.
The Company's established relationships with homebuilders and custom-home contractors
provide recurring project opportunities and contribute to a consistent base of residential electrical
work. They are a nonunion company.
The location would have an option to lease for the new owners and terms can be flexible. They have a 6800SF facility. They currently have 15 employees along with the two owners who would like to pass the torch to the new owners and retire.
The Company provides a competitive employee benefits package designed to support employee
retention. Medical insurance is 100% company-paid, while employees are responsible for dental
and vision coverage. They also give bonuses to employees.
Owners are willing to stay on to assist in transition for 30 days at no cost and are willing to stay on longer as depending on the situation and agree to terms.
This company provides professional electrical contracting services, with a significant portion of its
business supporting residential builders and new-home construction. The Company's services
include electrical installation and related electrical contracting work for residential construction
projects, along with service calls to builders, troubleshooting, quality control, and other electrical services as required by its customers.
The Company's established relationships with homebuilders and custom-home contractors
provide recurring project opportunities and contribute to a consistent base of residential electrical
work. They are a nonunion company.
About the Business
- Years in Operation
- 30
- Employees
- 15 Full-time
8 electricians plus the owner electrician to total 15 employees - Facilities & Assets
- Leased location. 6800 SF with small office. Note the owners would be the landlord so lease can be flexible on terms to accommodate the sale.
- Market Outlook / Competition
- They have competition, however, it's somewhat limited in the Niche Space as they focus on New Construction Residential. Most competition does not have this Niche.
- Opportunities for Growth
- Huge growth opportunity, today the firm only concentrates on residential new construction. You can add servicing and commercial.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,800
- Rent
- $5,000 per month
About the Sale
- Seller Motivation
- retirement
- Transition Support
- Will to stay on for 30 days at no cost as part of the sale price. Will stay on longer as needed for a successful transition to the new owners, subject to working out agreed to terms. Likely not any interest more than 12 months.
- Financing Options
- Seller financing available up to 10% of the purchase price subject to owner approval.
Listing Info
- ID
- 2546649
- Listing Views
- 40
Listing ID: 2546649 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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