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- RE: CNY Electrical Contractor With YOY Growth
- Contact: Kevin Everts
Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $1,267,623 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $292,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1989 | |
Employees: | 8 | |
BBN Listing #: | 952498 | |
Broker Reference #: | 11421-724216 |
Business Overview:
CNY Electrical Contractor with YOY Growth and Great Reviews
This well-established electrical service company specializes in commercial, residential, and industrial electrical repairs and maintenance. With a reputation for reliability and high-quality service, the business has built a loyal customer base, including numerous commercial property managers who rely on their expertise for ongoing maintenance work. The business’s service portfolio consists of 70% install work and 30% service. Residential clients make up ~60% of the customer base, with the remaining 40% being commercial accounts. The company is equipped with a fleet of four heavy-duty full-size ladder rack vans, which are stored at the technicians' homes. The team includes five skilled technicians who are dedicated to providing top-notch service.
Operations:
Field techs are totally automated with tablets so all work orders are done electronically on site and instantly synced to main system server allowing planning, accounting, and communication on the fly and real time.
Closing:
The seller is committed to a smooth transition, offering support and training needed to go another 35 years. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.
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Reason for Selling:
retiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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