Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44311004
Business For Sale
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Electrical Business In GTA-West - Retiring Owner - Ref #32846
$1,100,000.00 (Cdn)
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Business Location: Toronto Area
Postal Code: M7R
Relocatable: No
Business Categories:
Construction & Renovations
Electronics & Electrical
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*Company: Very profitable, well-established Electrical company with 10y+ history *Consistent Profitability: Company has a multi-year track record of profitability, with the last year (Year-End Sept-2023) revenue of around $2.3M and seller’s discretionary earnings (SDE) approximately $575k. The average SDE for the last 3 years (Y2021-2023) was around $475k *Loyal Client base: Strong/long relationship with clients – In the last 3 years almost 80-90% of annual sales were generated from long-term clients. *Revenues: Generated from different market segment: Commercial Constructions (new or renovations), Electrical work for Fire Alarm systems, installations of EV charges and Service
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*Geographical Coverage: Most of the installations/services offered are in GTA and cities around. *Growth Opportunities: Exist by undertaking more projects from existing (long-term) clients or by implementing a more aggressive marketing to expand the client base *Staff: Owner included – a non-unionized staff of 7 full-time employees and one full-time subcontractor. *Owner’s Role: Handle sales, estimates, quotes – managing the staff – supervising ongoing projects/installations and services.
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*Marketing: Most of current revenues are generated through existing clients and referrals, with minimal or no marketing at all. *Smooth Transition: Owner is planning to retire, hence looking to sell the business. He is willing to stay on board for a negotiable period (3-6 months) to assist with the transition of the business *Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller, valued at $110k) *Financing Flexibility: Seller is open to consider seller financing option
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- Check with Seller -
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