Empire Business Associates, a merger and acquisition firm, represents an Electrical Contractor Company.
The owners founded the company in 1986, driven by their passion for electrical systems and dedication to providing high-quality, reliable service. With years of hands-on experience, they quickly became known for their expertise in both residential and commercial electrical work. Over time, the business grew by focusing on safety, customer satisfaction, and staying current with industry standards. The company continues to thrive, offering trusted electrical services and building strong relationships with clients in their community.
The company focuses on two main categories: residential and commercial. Residential electrical contractors specialize in wiring high end homes, apartments, condos, and smaller buildings, including wiring, panel upgrades, lighting installation, and safety inspections. They need to understand local building codes to ensure their work meets regulations and often work closely with homeowners on various projects. On the other hand, commercial electrical contractors focus on larger properties like office buildings, providing services such as power distribution, large-scale wiring, and maintenance. They handle more complex systems and require expertise in commercial codes.

INVESTMENT CONSIDERATIONS

There are numerous benefits for the buyer who purchases this established business, including:
• The company is a well-established business that has been in operation since 1986; and has always focused on providing exceptional work quality.

• The company has outstanding relationships with hundreds of customers.

• The Electrical Contractor Company has earned a reputation for their excellent customer service and services.

• The current owner is willing to assist in an orderly transition.

• The company is in a high demand sector of the economy, that could continue to see growth with proper marketing and sales measures.



FINANCIAL INFORMATION

12/31/22 12/31/23 12/31/24

Sales $1,326,549 $946,865 $959,927
SDE $151,738 $163,276 $168,894



REASON FOR SALE

The owners have reached a point where they are happy with the progress they have made with the company and are ready to retire and spend time with family and friends.

PRICE

The purchase price for the business is $483,000 which includes the following assets of the business: customer list, existing booked business, office equipment, goodwill, and going concern values attached to the company. Working capital is not included.