Electrical Contracting Business: Secured Sales For Next 5 Years - Ref #8720

*Established Legacy: With over 25 years in the industry, this business boasts a strong legacy and widespread respect
*Diverse Operations: One of the top Industrial Electrical Contractor in the region, the company collaborates with General Contractors, Municipalities, and Developers
*Sales Security: ≈$98 million of sales secured until 2028; as of September 2023

Deal Highlights

*Inclusive Assets: Purchase price includes Inventory, Equipment and Vehicles valued approximately at $2 million
*Flexible Financing: Limited seller financing available for qualified buyer(s)

Revenue : $30,000,000
Asking Price: $12,000,000
Ref: 8720
Location : Ontario - Greater Toronto Area

*Robust Revenue: Revenue for 2023 is approximately $21 million and is projected to be $30 million by next year
*Strong Earnings: Following the impact of Covid on the business, the Owner's Discretionary Earnings for 2023 stand at approximately $1.1 million. As per the seller, projected owner discretionary earnings is expected to be $3 million next year

Skilled workforce:

*Currently employing a large full-time workforce, the business maintains a diverse and skilled team

*Thriving on reputation, the business has flourished with minimal marketing, providing ample growth opportunities for the new owner
*Accredited & Licensed: Fully accredited and licensed, including IHSA COR adherence to health and safety standards

Smooth Handover:

*Current owner(s) willing to stay for a reasonable period to ensure a seamless transition
*Retirement Ready: An ideal opportunity for those seeking a successful enterprise, as the current owner prepare to retire