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Electrical Contacting Business Engineering For Sale (Edmonton, Alberta, United States) Asking Price:£700290

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Electrical Contacting Business Engineering For Sale


Revenue £2902119, Net Profit £488452, Established 1981

This Electrical Contacting business was established over 30 years ago and is a well-recognized and respected contractor for new multi-family residential developments in Western Canada. The business has established relationships and an excellent reputation with builders, contractors, and municipal authorities. The business specializes in providing and installing all of the electrical structure on new development, low rise apartment and condominium buildings in Alberta and Saskatchewan. Revenues for 2013 were just under $5 million. The business's strengths are its highly qualified staff, extensive base of repeat customers, high volume of work and revenue per job, and ability to complete work quickly. This business spends only 0.25% of its revenue into marketing and promotions which shows that the business survives mostly on word of mouth and repear customer base. If a new owner wishes to grow the business further, here are many opportunities to increase marketing exposure, and subsequently profits. The current owner is committed to the future of the business and is willing to provide training and consultation to help ease the transition to a new owner.

Business Information

Number of Staff

14

Ownership

Yes

Any Expansion potential

Yes if needed

Reasons for selling

Seller is getting ready to retire

Any Inventory / Stock value

$70,000 (included in the asking price)

Is this a home-based business

Yes

Property

Yes

Telephone

Business Location details

Competition / Market

Business/Market

Trading hours

Yes

Any Support & training

The owner is willing to stay for up to 1 year to assist the owner transition into the business

Any Furniture / Fixtures

$50,000 (included in the asking price)

Any Living Accommodation

Yes

Can this business be relocated?

Yes

Is this business part of a franchise?

Yes