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Profitable Electrical Repair and Maintenance Business Offering Seller
Business Description
This well-established electrical service company specializes in commercial, residential, and industrial electrical repairs and maintenance. With a reputation for reliability and high-quality service, the business has built a loyal customer base, including numerous commercial property managers who rely on their expertise for ongoing maintenance work. The company operates a flat rate menu system, averaging $200 per hour, ensuring transparency and value for clients.
The business’s service portfolio consists of 70% repair work and 30% new installations or additions. Residential clients make up 70% of the customer base, with the remaining 30% being commercial accounts. The company is equipped with a fleet of six heavy-duty full-size ladder rack vans, all Ford models, which are stored at the technicians' homes. The team includes five skilled technicians who are dedicated to providing top-notch service.
An electrical contractor’s license is in place, with the current owner utilizing a third party as the qualifying individual (QE) for licensing purposes. The QE is willing to continue this arrangement with the new owner, ensuring compliance and operational continuity.
The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.
For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you.
The business’s service portfolio consists of 70% repair work and 30% new installations or additions. Residential clients make up 70% of the customer base, with the remaining 30% being commercial accounts. The company is equipped with a fleet of six heavy-duty full-size ladder rack vans, all Ford models, which are stored at the technicians' homes. The team includes five skilled technicians who are dedicated to providing top-notch service.
An electrical contractor’s license is in place, with the current owner utilizing a third party as the qualifying individual (QE) for licensing purposes. The QE is willing to continue this arrangement with the new owner, ensuring compliance and operational continuity.
The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.
For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you.
About the Business
- Years in Operation
- 13
- Employees
- 7
- Currently Home Based
- Yes
- Facilities & Assets
- This listing is home-based. Seller is active with 7 FT employees. Hours of operation are 24 hours 7 days a week. Electrical contractors license required, owner is not QE, QE is a 3Nrd/A party.
About the Sale
- Seller Motivation
- Seller is retiring.
- Transition Support
- 2 months - seller paid after that.
- Financing Options
- $250K down-payment with balance paid over 60 months at 8% interest rate.
Listing Info
- ID
- 2375120
- Listing Views
- 1439
Listing ID: 2375120 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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