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Electrical Maintenance, Service & Installation For Sale

Vancouver, British Columbia
Asking Price:
$600,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,650,000 (CAD)
Cash Flow:
$145,000 (CAD)

Rare opportunity to acquire a very successful and well established electrical service, maintenance and installation business. For over 50 years this metro Vancouver based company continues to be a trusted provider of industrial and commercial electrical services and also a certified B.C. Hydro Power Smart company. The company has earned a strong reputation of being reliable and to deliver their services with the upmost integrity.
The business has a long term diversified client base that spans across many different industries. Throughout the years their core business has been in the maintenance and service scope of work. There is significant upside to grow the business specifically by way of electrical contracting. Their focus has always been on industrial and commercial maintenance and service work but along the way they’ve had many opportunities and requests to bid on various electrical contracting projects. This is the area a new owner could expand the business and leverage the company’s good reputation.

The company has a unionized work force with an excellent history of employer/employee relationships. All of the service technicians belong to the Local 213 of the I.B.E.W. The office staff is non-unionized. Most of the company’s employees have been with the firm for many years which has resulted in consistent and predicable workmanship.

While it would be beneficial for a buyer to have an electrical and management background, at the very least you would require someone working in the company to have a Contractors License in order to take out electrical permits required for various jobs. The seller will be able to train and introduce the new owner to the customer base to help make a smooth and successful transition of ownership.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Lease

Leasehold Rent:

$36,000 (CAD) per annum

Location:

Servicing Metro Vancouver

Premises Details:

Leased Industrial

Size in square feet:
3,500

Business Operation

Expansion Potential:

Excellent expansion potential into Electrical contracting. Company is always asked to bid on contracting work but chooses to focus with maintenance and service.

Reasons for selling:

Retirement

Trading hours:

Monday - Friday

Employees:
8
Years established:
50

Other Information

Support & training:

Specified training period included in purchase price.

Furniture / Fixtures value:
$85,000 (CAD) - included in the asking price
Inventory / Stock value:
$25,000 (CAD) - included in the asking price

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