List Price: $450K

Established Electrical & Maintenance Business For Sale

Sold - Metro Vancouver List Price: $450K

Adjusted Net Income: $199K
Gross Sales: $1.883M
Furniture Fixtures & Equipment: $83K

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.

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