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Toronto Electrical Business For Sale: Owner Retiring - Ref #8553

$380,000.00 (Cdn)

Toronto Electrical Business For Sale: Owner Retiring - Ref #8553
 
Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
 
Business Categories:
Construction & Renovation
Electronics & Electrical
 

  BUSINESS  FEATURES  

**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


FINANCIAL INFORMATION

**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.


MARKET & COMPETITION

Business highlights:

Revenue : $700,000
Asking Price: $380,000
Ref: 8553
Location : Ontario - Greater Toronto Area

*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


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