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Listed by:

Crestone Business Group

Broker license number: CO : 100083415– FA

Established Electrical Contracting Business In Southern Colorado For Sale

South-Central Colorado, Colorado, US
Asking Price:
$550,000 Inventory / Stock included
Sales Revenue:
$931,000
Cash Flow:
$371,000

This electrical contractor has been in business since 1985. It is an extremely stable business that avoids new construction, choosing to concentrate on service.

The foundation of the company is servicing the everyday needs of property managers and homeowners, including outlet additions, circuits for new fireplaces, panel expansion, minor remodels, or diagnosing a constantly tripping breaker.

Ownership enjoys excellent margins by keeping the operation simple. Given the nature of the work, they are able to run the entire operation from their home.

They have a loyal customer base and an outstanding reputation in the marketplace. This is an ideal acquisition for a strategic buyer looking to expand their service base or an individual with industry experience looking to step into ownership.

Business Operation

Expansion Potential:

The current owners firmly believe that a new owner will easily grow the business by responding to the current overwhelming demand. They believe a new owner with fresh legs and energy could easily grow revenues by 30% to 40% by adding capacity to meet this demand.

Competition / Market:

Current ownership spends very little time thinking about competition as the company runs at full capacity virtually year-round. The owners have chosen to stay at their current size. They have carved out a loyal customer base that keeps coming back.

Reasons for selling:

Retirement and concentration on other investments

Trading hours:

Monday through Friday Standard Business Hours

Employees:
7
Years established:
38

Other Information

Support & training:

30 days included with the sale - the owner is willing to negotiate a longer term if needed.

Financing available:

Current owner will consider financing to accommodate SBA financing

Furniture / Fixtures value:
$185,000
Home based:
This business can be run from home.

Listed by

Crestone Business Group

Broker license number: CO : 100083415– FA

View 3 Crestone Business Group listings