Renowned Commercial and Institutional Electrical Contracting Business

ASKING PRICE:
$2,200,000

LOCATION: GTA

LISTING DETAILS:

LISTING ID: 3499

TYPE OF SALE: Share

MLS CODE: Exclusive

RELOCATABLE: No

INDUSTRY: Contracting / Landscaping

REASON FOR SALE:

TRAINING & SUPPORT: Yes

ABSENTEE OWNER: No

DESCRIPTION:

This well-established electrical contracting company, in operation and family-owned for four decades, presents a significant acquisition opportunity with robust fundamentals and proven resilience.

As the current owners are preparing for retirement, they are keen to pass the business on to a buyer who will uphold its legacy and drive it forward. The company specializes in serving Commercial, Industrial, and Institutional (ICI) clients, offering tailored solutions such as power system installations and lighting system maintenance.

Financially robust, the company reported 2023 revenues of approximately $9.1M and a substantial project pipeline worth over $17 million in signed multi-year contracts, underscoring potential growth and stability for 2024, 2025 and beyond. The owner’s discretionary earnings reached around $700k for 2023.

The ideal buyer for this business would be someone with a strong understanding of the electrical services industry, a strategic vision for growth, project management skills, and a commitment to maintaining the high standards of quality and customer service that have been the hallmark of this company. This opportunity is well-suited for an individual with these capabilities, or for a company looking to make a strategic acquisition to expand their portfolio and leverage synergies. The Sellers are open to flexible deal terms including, limited seller financing for qualified buyers.

The commitment to maintaining the high standards of quality and customer service that have been the hallmark of this company is essential for any prospective owner. Listing ID 3499

COMPANY INFORMATION:

YEAR ESTABLISHED: 1985

FRANCHISE: No

REAL ESTATE INCLUDED: No

REAL ESTATE AVAILABLE: 2500000

FINANCIAL INFORMATION:

GROSS REVENUE: $9,106,753

SDE: $692,719

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: $542,719

FOR MORE INFORMATION ON THIS LISTING, PLEASE COMPLETE OUR NON-DISCLOSURE AGREEMENT

DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

SOLD CONDITIONALLY

CONTACT US ABOUT THIS LISTING

CALL US:

+1 (416) 333-7999

TEXT US:

(647) 558-2180

EMAIL US:

info@aldrin.ca