An established Electrical Contracting Company with over 35 years of experience in the industry. The current owner and Master Electrician in several states, has established contacts and clients in all aspects of the Electrical Industry. The owner will continue to work for the business in design and operations departments post-acquisition for a period up to 7 years.
The company also employs skilled and trained apprentice electricians that are eligible and qualified for Journeyman Electrician Level testing with MN & CO, and a part time shop assistant that keeps materials and equipment manageable. Employees look forward to new growth and leadership opportunities. Yearly revenues are consistently near $1,000,000 mainly performing service and design build work. 2022 adjusted net profit was $187,000. The business is priced attractively at $350,000 for goodwill, client base, work in progress. Real estate, Inventory, Tools and Equipment can be included for separate pricing structures at reduced wholesale value.