Thriving Electrical Contracting Business in the Heart of Toronto
Established in 1992: Renowned for high-quality electrical construction, repairs, and maintenance.
Loyal Client Base: A strong foundation of recurring customers built over three decades.
Strategic Toronto Location: Positioned in a dynamic urban area, ideal for business expansion.
Cost-Effective Operations: Home-based business model with minimal overhead costs, offering the ability to work remotely.
Financial Highlights
Consistent Revenue Growth: Projecting an upward trend with estimated revenues of $700,000 by 2024.
Healthy Bottom Line: Impressive Seller’s Discretionary Earnings (SDE) of $153K in 2023.
Human Resources & Assets
Skilled Professionals: Team of three, comprised of licensed electricians and apprentices.
Includes Key Equipment: Sale encompasses essential tools and service trucks.
Opportunity & Potential
Acquisition Opportunity: Ideal for buyers looking for a turnkey business with growth potential.
Recession-Proof Sector: Demonstrated ability to thrive even in economic downturns.
Operational Efficiency: Business model ensures easy takeover and continuation.
Customer Satisfaction Focus: High retention rates indicative of outstanding service quality.
Scalable Business Model: Opportunities for geographical and service expansion.
Transition & Future
Flexible Sale Terms: Open to discussing seller financing under favorable conditions.
Timely Sale Opportunity: Owner retiring after 31 years, offering a rare business opportunity.
