Electrical Contractor’s Business for Sale

Ann Arbor, MI (Washtenaw County)
Asking Price: $415,000
Business For Sale Details
Listed on May 8, 2024(Renewed on Sep 16, 2025)

Owner would like to retire and leave 4 electricians and office staff in good hands with another great company for them to thrive in. Seller currently does the estimating and is willing to train a new owner if buyer needs trained and/or would like additional mentoring. Owner has good loyal customer 3rd generation list; 80% residential, 20% commercial and industrial customers. Employees have been with the business for a long time.
There are 2 vans, a bucket truck, one trailer, and a Bobcat with bucket and forks that come with the purchase of this business. Inventory valued at $90,000 is included in Asking Price. SDE cash flow is reflected in this advertisement. This is a non-union shop.

NOTE: In order to own this business you or someone on your team, must have a master electricians license and an Electrical Contractors license through the state of MI. Seller is willing to work with a qualified prospective buyer on this for a pre-agreed upon period of time.

Facilities: Leased location has a one-year option to renew. It is currently operating out of 2250 sq ft commercial building which includes a warehouse, garage, storage areas, and offices.
Competition: This business has a great reputation for excellence and quality in its work and customer service
Growth & Expansion: This has been a very steady stream of income for the owner for many years. Income could possibly be increased by securing more commercial accounts.
Financing: Seller may consider a partial sellers note with a meaningful down payment.
Support & Training: Owner is willing to assist buyer as agreed to and needed.
Reason for Selling: Retirement

If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement) . Call Broker for more information.

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Financials (USD)

Asking Price $415,000

Cash Flow $122,319

Sales $610,022

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Yes

Willing to co-broke? Yes

Principals only? No

Franchise? No

Management will stay? Yes

Relocatable? Yes

Real Estate? No

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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