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Buy a Canadian company Listing # 54201001
 
 Business  For  Sale  		Buy a Canadian company

Electrical Business in North of GTA - Retiring Owner - Ref #13908

$750,000.00 (Cdn)

Electrical Business in North of GTA - Retiring Owner - Ref #13908
 
Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
 
Business Categories:
Construction & Renovation
Electronics & Electrical
 

  BUSINESS  FEATURES  
• Company: Profitable, well-established Electrical company with 36 years of history - Leader in the area it operates

• Consistent Revenue/Profitability – Last year (YE Oct-2024) revenue at around $1.92M and seller’s discretionary earnings (SDE) approximately $221k. The average SDE for the last 3 years (Y2022-2024) was around $230k

• Loyal Client base: Due to great reputation, strong/long relationship with clients. Recurring revenue represent 40% of the total revenues – approximately 50% are repeat service clients

• Revenues: Market segments: Residential Services, Commercial Services/New constructions, Residential Remodeling and Generators (sales/installations/services)


FINANCIAL INFORMATION
• Geographical Coverage: Most of the installations/service work is in Simcoe County, but new commercial construction and generator sales/services would encompass a larger catchment area to draw from. Approx. boundaries: North to Orillia and Muskoka over to Collingwood, South to Newmarket, West to Shelburne and east to Keswick.

• Growth Opportunities: Exist by building out and expanding the residential services and by implementing a more aggressive advertising/marketing to expand client base


MARKET & COMPETITION
• Owner’s Role: Oversees the business aspects such as lead generation for construction tenders daily. Monitors field workload across company, monitors Service Technical Manager workload with this manager, observers and listens to field staff’s concerns at morning meetings to ensure they are happy and looking for efficiencies to implement. Reviews and confirms overall AR revenue is invoiced on time and received on time each month from accounting reports for the service and construction.

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