50 Year Old Electrical Contracting Business For Sale In GTA - Ref #8648

*Established Legacy: Reputable and profitable electrical contracting business in the Greater Toronto Area (GTA) operating for more than 50 years

*Diverse Portfolio: Business provides comprehensive electrical solutions for commercial, industrial, and residential needs

Deal Highlights

*Inclusive Assets: Purchase price includes Working Capital, Equipment and Vehicles valued approximately at $115,000

*Flexible Financing: Limited seller financing available for qualified buyer(s)

Financial Snapshot

*Revenue Growth: Year-on-year increase with revenue reaching approximately $592,000 in 2023, estimated revenue for 2024 as per seller is about $650,000.

Human Resources

*Workforce: Business has a non-unionized staff of 3 employees, including 2 Licensed Electricians

*Owner Roles: Owner is currently responsible for Fieldwork, Oversee operations, Manage client relationships and staff

*Organic Growth: A loyal and organic client base built over the years; the family-owned business currently has over 330 clients in the database and does over 80% repeat business from existing clients

*Growth potential: The majority of current revenues are generated organically through an existing client base, with no active marketing efforts. There is significant untapped potential for growth by implementing marketing strategies