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- RE: Residential Electrical Contractor
- Contact: Justin Grolley
Quick Facts
Asking Price: | $500,000 | |
Annual Revenue: | $1,190,473 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $315,904 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 938208 | |
Broker Reference #: | 19923 |
Business Overview:
This is a golden opportunity for an established electrician or home services company to acquire a well-established and profitable residential electrical contracting business.
1. Established Reputation: With a solid presence in the local market, this business has built a reputation over the last 30+ years for delivering high-quality electrical solutions to residential clients. Positive reviews and a loyal customer base contribute to its outstanding standing in the community. 2. Skilled Workforce: Boasting a team of skilled electricians, the business excels in providing a wide range of residential electrical services. From installations and repairs to custom wiring projects, the team is equipped to handle diverse customer needs. 3. Turnkey Operation: This is a turnkey operation with a well-maintained fleet of vehicles, equipment, and established supplier relationships. The seamless operation allows for immediate business continuity and a smooth transition for the new owner. 4. Strong Financial Performance: The business has consistently demonstrated strong financial performance with revenues consistently between $1M-1.1M, with a track record of steady revenue growth. 5. Expansive Client Base: The company serves a broad client base, including homeowners, property managers, and contractors. The diverse portfolio of completed projects includes.
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Property Features and Assets:
The company’s facility is approximately 2,000 Square Feet and consists of a large garage, an office, two bathrooms, and storage areas. It is located in close proximity to major highways. It is available for lease.
Market Competition and Expansion:
Despite its current success, there are ample opportunities for growth. Expanding marketing efforts, offering maintenance contracts, and diversifying services are just a few avenues for the new owner to explore.
Reason for Selling:
RetirementAdditional 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
Relevant Links:
- View more Massachusetts businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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