Established Canadian businesses - For Sale by Owner - in Canada
 |
Listing # 44117001
Business For Sale
|
|
Electrical Contracting Business - Industrial
$2,150,000.00 (Cdn)
|
|
Business Location: South Central Ontario
Postal Code: L
Relocatable: No
Business Categories:
Contracting Trades
Electronics & Electrical
|
|
Profitable Electrical Contracting Business doing industrial work.
• Long established (over 50 years) with an excellent reputation in the market it serves.
• Most of the business is scalable with many repeat customers.
• Non-union with a team of 11 in the field (10 journeymen have 309A licenses)
• Office staff includes an administrator and 2 partners.
• The company has been built on service, expertise, and reliability.
• The owner is willing to offer transitional assistance & an additional 1-year consulting agreement if required.
• Excellent opportunity to acquire a long-established
|
|
|
|
• Work in Progress (WIP) stands at $600,000.
• F2023 revenue tracking to approx. $3,200,000
• Forecast EBITDA F2023 (Dec 31 Y/E) of $470,000
• Included in the sale price is capital equipment ($70,000 UCC), $450,000 of Net Working Capital (NWC), and goodwill. Cash Free-Debt Free.
• Bills out between $90-120/ hour, with journeymen paid $50/hour and apprentices paid 50-90% of journeyman rate.
• Potential for some Vendor Financing to qualified buyer.
|
|
|
|
|
Strong long-term relationships with clients. Strong reputation. Market demand is consistent.
|
|
INCLUDED, EXCLUDED & OPTIONAL |
|
| |
- INCLUDED in the Price - |
|
|
|
• Included in the sale price is capital equipment ($70,000 UCC), $450,000
of Net Working Capital (NWC), and goodwill. Cash Free-Debt Free.
• Fleet includes 9 trucks (average 3-4 years old)
|
|
|
|
DISCLAIMER
BusinessSellCanada is not responsible for the accuracy of the information
shown in this "Business For Sale" listing. We provide advertising
space only - we are not business brokers. We do not verify the Seller's
authority. The Buyer should contact the Seller directly and verify the
accuracy of all information to his/her own satisfaction.
|
|
|
LISTINGS