Electrical Repair Contractor Business For Sale

Business description

This electrical repair contracting company was founded in 1939; current ownership began in 1988. This business has a large client base and is a member of the National Electrical Contractor’s Association as well as other prestigious organizations. The owner’s has worked hard to maintain a good reputation within the community for quality service. Currently, the business is open five days a week with 1 full time and 2 part time employee. A Master’s Electrician License is required to operate this business, and the current owner agrees to stay through a reasonable transition period. Currently, this business is run in a “hands on” manner and should remain as such. 50% of total revenues is generated from residential and commercial electrical repairs; major and minor. Lighting maintenance generates 25%, and tenants finishing apartment’s accounts for 15% of revenues. The remaining 10% stems from lamp and ballast sales. If you would like to learn more about this business, contact us today!

Property information

Real Estate:

Lease

Location:

This leased, single-level 3,000 square foot facility is situated on a city lot. Built in 1975, the structure is in good overall condition. There is room for expansion at the current site. City street frontage with high traffic and good visibility make this a great location for this business.

Other information

Expansion potential:

Growth and expansion can be obtained through increased hours of operation. The addition of even one more day per week could bring on new clients that are unable to accommodate contractors during the week due to hectic schedules. The company would also grow by increasing lamp sales (green products). Solar panels and solar installation could be an additional profit center for the buyer to consider.

Competition / Market:

There is some competition in this area.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Other Business Interests

Financing available:

There is no owner financing available.