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Listed by:

Coastal Business Brokers

Residential Electrical Contractor For Sale

Worcester County, Massachusetts, US
Asking Price:
$700,000 Furniture / Fixtures included
Sales Revenue:
$1,035,357
Cash Flow:
$322,563

Are you looking to step into the thriving world of residential electrical services or expand your existing operations? This is a golden opportunity to acquire a well-established and profitable residential electrical contracting business.

1. Established Reputation: With a solid presence in the local market, this business has built a reputation over the last 30+ years for delivering high-quality electrical solutions to residential clients. Positive reviews and a loyal customer base contribute to its outstanding standing in the community.

2. Skilled Workforce: Boasting a team of skilled electricians, the business excels in providing a wide range of residential electrical services. From installations and repairs to custom wiring projects, the team is equipped to handle diverse customer needs.

3. Turnkey Operation: This is a turnkey operation with a well-maintained fleet of vehicles, equipment, and established supplier relationships. The seamless operation allows for immediate business continuity and a smooth transition for the new owner.

4. Strong Financial Performance: The business has consistently demonstrated strong financial performance, with revenues consistently between $1M-1.1M, with a track record of steady revenue growth.

5. Expansive Client Base: The company serves a broad client base, including homeowners, property managers, and contractors. The diverse portfolio of completed projects includes new constructions, renovations, and electrical system upgrades.

6. Strategic Location: Conveniently located in Worcester County the business strategically serves a thriving residential market. Proximity to Middlesex County, key neighborhoods and access to major routes positions it for continued success.

Property Information

Real Estate:

Lease

Location:

Are you looking to step into the thriving world of residential electrical services or expand your existing operations? This is a golden opportunity to acquire a well-established and profitable residential electrical contracting business.

1. Established Reputation: With a solid presence in the local market, this business has built a reputation over the last 30+ years for delivering high-quality electrical solutions to residential clients. Positive reviews and a loyal customer base contribute to its outstanding standing in the community.

2. Skilled Workforce: Boasting a team of skilled electricians, the business excels in providing a wide range of residential electrical services. From installations and repairs to custom wiring projects, the team is equipped to handle diverse customer needs.

3. Turnkey Operation: This is a turnkey operation with a well-maintained fleet of vehicles, equipment, and established supplier relationships. The seamless operation allows for immediate business continuity and a smooth transition for the new owner.

4. Strong Financial Performance: The business has consistently demonstrated strong financial performance with revenues consistently between $1M-1.1M, with a track record of steady revenue growth.

5. Expansive Client Base: The company serves a broad client base, including homeowners, property managers, and contractors. The diverse portfolio of completed projects includes new constructions, renovations, and electrical system upgrades.

6. Strategic Location: Conveniently located in Worcester County the business strategically serves a thriving residential market. Proximity to Middlesex County, key neighborhoods and access to major routes positions it for continued success.

Premises Details:

The company’s facility is approx. 2000SF and consists of a large garage, an office, two bathrooms, and storage areas. It is located in close proximity to major highways. It is available for lease.

Business Operation

Expansion Potential:

Despite its current success, there are ample opportunities for growth. Expanding marketing efforts, offering maintenance contracts, and diversifying services are just a few avenues for the new owner to explore.

Reasons for selling:

Retirement

Other Information

Support & training:

As needed for a smooth transition.

Furniture / Fixtures value:
$65,000 - included in the asking price