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Service Based Electrical Business in SW Ontario - Retirement - Ref #568945

$1,700,000.00 (Cdn)

Service Based Electrical Business in SW Ontario - Retirement - Ref #568945
 
Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
 
Business Categories:
Construction & Renovations
Contracting Trades
 

  BUSINESS  FEATURES  

• Overview
Operating for 25+ years, this business is a well established electrical contractor in Southwestern Ontario, serving over 200 clients across industrial and commercial sectors. The company has built a strong reputation for reliability, quality, and long-term customer relationships.

• Ownership & Transition
The owners are seeking retirement and will support a smooth transition, including customer introductions and operational handover. The experienced team is expected to remain in place.

• Attractive & Diversified Revenue Model
The company offers a full suite of electrical construction and maintenance services, supported by a stable mix of recurring and project-based revenue.


FINANCIAL INFORMATION

• Project-based revenue:
~60% service / 40% Project based. It offers a highly niche positioning in electrical services space provides a strong competitive edge with high barriers to entry.

• Specialized Competitive Advantage:
- One of the only providers in the region qualified for a highly niche electrical work
- Limited competition across Ontario due to technical and experience requirements

• Skilled Workforce & Operational Stability
Supported by a unionized team of 7 experienced employees


MARKET & COMPETITION

• Financial Performance
Average revenue (Last 3 years): ~$2.3M
SDE (Last 3 years): ~$600krevenue
Gross margin (Last 3 years): ~26% from repeat customers.

• Assets Included
The sale includes all assets, including vehicles, tools, equipment and inventory worth $1.4M providing a turnkey platform for operations.

• Growth Opportunities
The company is well-positioned for growth through expansion in commercial and industrial markets, digital marketing and adding a dedicated sales function.


INCLUDED, EXCLUDED & OPTIONAL

 

-  INCLUDED  in  the  Price  -

 
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