30 Year Industrial Electrical Service Business

Windsor, ON
Asking Price: $722,983 ($1,000,000 CAD)
Business For Sale Details
Listed on Oct 31, 2024

Founded in 1993 this established electrical service company has built a solid reputation for providing high quality troubleshooting, repair and installation services for industrial electrical, robotics and automation. The experienced staff assist in:
• Control and automation system design, manufacture and service.
• System integrations including PLCs, Touch Screens, AC/DC drives and wide range of electronic controllers.
• Designing and wiring of electrical power supply installations for adding, replacing and expanding production equipment.
• Maintain and service electrical and electronic production equipment to minimize downtime.
• Wiring and installing emergency power generation systems
• Maintaining, fixing and retrofitting lights to the latest energy saving technology.
• Building and fire code emergency exits and light testing and maintenance.
• Telephone and Computer network installation and maintenance.
• Automated building solutions for lighting & access control, motion and vehicle detection, security, energy management.
Operating from a home office, the business has maintained low overhead costs while delivering exceptional service across Southwestern Ontario.

With a focus on superior workmanship, safety, and affordability, the company has thrived on word-of-mouth referrals. Despite minimal marketing, the business enjoys a steady stream of repeat customers and new clients, thanks to its excellent reputation and reliable service. The dedicated team includes four full-time employees, and one apprentices, trained to industry-leading electrician standards, and a full-time office administrator and bookkeeper who ensures smooth operations.

The owner is looking forward to retirement and is keen to transition the business to someone who values maintaining the high standards and reputation established over the years. The new owner will benefit from a well-trained team, a loyal customer base, and the opportunity to expand the business. The current owner is willing to provide transition support to ensure a smooth handover.

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Financials (USD)

Asking Price $722,983

Cash Flow $231,354

Sales $759,132

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Yes

Willing to co-broke? No

Principals only? Yes

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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