Profitable Electrical Contracting Business For Sale
Business Description
NAI is pleased to present a unique and profitable business for sale, Don's Electric Inc. Founded in 1998, Don's Electric has been run by Don and Judy Hotter, located in Forsyth, Montana and has a long history of strong financials, highly trained and skilled employees and an industry leading reputation for service and professionalism. The company is an electrical repair and maintenance service company with a broad service area across Eastern and Southern Montana with Electrician Teams located in the Forsyth region (Rosebud County).
The business is currently located in Forsyth, MT but has an expansive customer reach throughout Eastern and Southern Montana including active projects in Forsyth, Miles City, Billings, Big Sky and neighboring counties as well.
The company has a long track record of high profile clients including the MT Dept of Transportation,Treasure County Commissioners and the DNRC, among others. Big Sky-area projects included partnerships with Blue Ribbon Builders and Jackson Contractor Group. Don's currently operates out of a shop in Forsyth, MT which is available for Sale or Lease, in addition to the business offering.
All electricians are Union members with IBEW Local 532 based out of Billings. Don’s Electric, Inc., as the employer, covers 100% of the electricians’ health insurance, annuity contributions, and other union required payments. Electricians are responsible for their monthly union dues.
Ownership: Currently owned and managed locally by Don and Judy Hotter. Don acts as Owner/General Manager for all operations. Judy helps secure permits for all jobs.
The business is currently located in Forsyth, MT but has an expansive customer reach throughout Eastern and Southern Montana including active projects in Forsyth, Miles City, Billings, Big Sky and neighboring counties as well.
The company has a long track record of high profile clients including the MT Dept of Transportation,Treasure County Commissioners and the DNRC, among others. Big Sky-area projects included partnerships with Blue Ribbon Builders and Jackson Contractor Group. Don's currently operates out of a shop in Forsyth, MT which is available for Sale or Lease, in addition to the business offering.
All electricians are Union members with IBEW Local 532 based out of Billings. Don’s Electric, Inc., as the employer, covers 100% of the electricians’ health insurance, annuity contributions, and other union required payments. Electricians are responsible for their monthly union dues.
Ownership: Currently owned and managed locally by Don and Judy Hotter. Don acts as Owner/General Manager for all operations. Judy helps secure permits for all jobs.
About the Business
- Years in Operation
- 28
- Employees
- 5 (4 Full-time, 1 Part-time)
4 FTE, 1 Part Summer (summer per school schedule) - Facilities & Assets
- Facilities: 2,100 SF shop in Forsyth available for Sale or Lease, contact Broker for More info.
Assets: $55,950 of FF&E (see full list on OM) and $253,000 of Trucks (4 total, see full list and values on OM) - Market Outlook / Competition
- Seller is the leader for Eastern Montana will little competition and room for expansion.
- Opportunities for Growth
- The owner's note that there is tremendous growth opportunity in their "backyard" with growth throughout Colstrip, Miles City and other eastern MT cities.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 2,100
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Seller will work for the buyer for one year for a minimum of 30 hours a week and is willing to work longer pending mutual approval. Seller is willing to let the buyer use his master's license for two years at $500.00 per month.
- Financing Options
- Cash or New Loan
Listing Info
- ID
- 2470735
- Listing Views
- 17
Attached DocumentsAttachment Disclaimer
Dons Electric Business For Sale_OM Updated Rev2.pdf
Business Location
Listing ID: 2470735 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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