Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 54919001
Business For Sale
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Electrical Contractor in Waterloo/Kitchener Area - Ref #34267
$1,450,000.00 (Cdn)
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Business Location: SouthWestern Ontario
Postal Code: N2J
Relocatable: No
Business Categories:
Construction & Renovations
Contracting Trades
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Company: Very profitable, well-established Electrical contractor with 17y+ history Consistent Performance: For the last 3 years (Y2022-2024) the average revenue was $1.88M/y and the average of sellers discretionary earnings (SDE) was approximately $432k/y. Loyal Client base: Strong/long relationship with clients - In the recent years almost 90% of annual sales were generated from long- term clients. Revenues from: Industrial electrical work, Automation (PLC programming, complete design and build), Generators (installation/services), Supply/install solar and off-grid systems, Installations of Tesla EV chargers
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Geographical Coverage: Serving the Waterloo/Cambridge area and any client within 1-1.5 hrs drive radius Growth Opportunities: Exist by undertaking more projects from existing (long-term) clients or by implementing a more aggressive marketing to expand the client base. Staff: Owner included - a non-unionized staff of 4 full-time employees and 2 part-time and a small network of subcontractors. Owners Role: Sales, purchases, laying out jobs; manage the staff; supervise
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Marketing: Most of current revenues are generated through existing clients and referrals, with minimal or no marketing at all. Smooth Transition: Owner is willing to stay on board for a negotiable period (3-12 months) to assist with the transition of the
business Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller) valued at $359k Financing Flexibility: Seller is open to consider seller financing option for serious and qualified buyers only
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- Check with Seller -
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