Residential Electrical Contractor
Asking Price: | $500,000 |
Gross Revenue: | $1,035,357 |
Cash Flow: | $322,563 |
FF&E: | $50,000 |
Summary
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 new constructions, renovations, and electrical system upgrades.
6. Strategic Location: Conveniently located in Worcester County the business strategically serves a thriving residential market. Proximity to Middlesex County, key neighborhoods and access to major routes positions it for continued success.
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