Electrical Contractor in Waterloo/Kitchener Area

• Company: Very profitable, well-established Electrical contractor with 17y+ history

• Consistent Performance: For the last 3 years (Y2022-2024) the average revenue was $1.88M/y and the average of seller’s discretionary earnings (SDE) was approximately $432k/y.

• Loyal Client base: Strong/long relationship with clients - In the recent years almost 90% of annual sales were generated from long- term clients.

• Revenues from: Industrial electrical work, Automation (PLC programming, complete design and build), Generators (installation/services), Supply/install solar and off-grid systems, Installations of Tesla EV chargers

• Geographical Coverage: Serving the Waterloo/Cambridge area and any client within 1-1. 5 hrs drive radius

• Growth Opportunities: Exist by undertaking more projects from existing (long-term) clients or by implementing a more aggressive marketing to expand the client base.

• Staff: Owner included - a non-unionized staff of 4 full-time employees and 2 part-time and a small network of subcontractors.

• Owner’s Role: Sales, purchases, laying out jobs - manage the staff – supervise ongoing projects/installations and services.

• Marketing: Most of current revenues are generated through existing clients and referrals, with minimal or no marketing at all.

• Smooth Transition: Owner is willing to stay on board for a negotiable period (3-12 months) to assist with the transition of the
business

• Assets Included: Vehicles, Equipment, Tools and Inventory (as per seller) valued at $359k

• Financing Flexibility: Seller is open to consider seller financing option for serious and qualified buyers only