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Listed by:

N3 Business Advisors Inc

Thriving Electrical Business Owner Retiring In Toronto For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$380,000 (CAD)
Sales Revenue:
$700,000 (CAD)
Cash Flow:
$153,000 (CAD)

**Thriving Electrical Contracting Business in the Heart of Toronto

*Established in 1992: Renowned for high-quality electrical construction, repairs, and maintenance.
*Loyal Client Base: A strong foundation of recurring customers built over three decades.
*Strategic Toronto Location: Positioned in a dynamic urban area, ideal for business expansion.
*Cost-Effective Operations: Home-based business model with minimal overhead costs, offering the ability to work remotely.

**Financial Highlights

*Consistent Revenue Growth: Projecting an upward trend with estimated revenues of $700,000 by 2024.
*Healthy Bottom Line: Impressive Seller’s Discretionary Earnings (SDE) of $153K in 2023.

**Human Resources & Assets

*Skilled Professionals: Team of three, comprised of licensed electricians and apprentices.
*Includes Key Equipment: Sale encompasses essential tools and service trucks.

**Opportunity & Potential

*Acquisition Opportunity: Ideal for buyers looking for a turnkey business with growth potential.
*Recession-Proof Sector: Demonstrated ability to thrive even in economic downturns.
*Operational Efficiency: Business model ensures easy takeover and continuation.
*Customer Satisfaction Focus: High retention rates indicative of outstanding service quality.
*Scalable Business Model: Opportunities for geographical and service expansion.

**Transition & Future

*Flexible Sale Terms: Open to discussing seller financing under favorable conditions.
*Timely Sale Opportunity: Owner retiring after 31 years, offering a rare business opportunity.

Property Information

Real Estate:

Lease

Location:

Greater Toronto Area

Business Operation

Reasons for selling:

Retirement

Other Information

Financing available:

Open to discussing seller financing under favorable conditions.