Hot Listing
Residential Service Electrician 400+ 5-star Reviews on Google and Yelp
Business Description
For the right person, this is a turnkey operation with gross revenues of $450K per year, the business can provide a 5-year payback on an investment of $150K down with payments over time for a total investment of $250K.
The business is ripe for expansion but 70-year old owner lacks energy and motivation; needs a young person who wants to own more of the market.
We are already on the books with Google LSA, Yelp and other digital marketing methods which is coupled with our CRM HousecallPro makes a standout company compared to our competitors.
We have strategic relationships with two other contractors whose overhead is lower than ours to allow for efficient and cost-effective subcontracting when our volume is too high for our crew.
The business is ripe for expansion but 70-year old owner lacks energy and motivation; needs a young person who wants to own more of the market.
We are already on the books with Google LSA, Yelp and other digital marketing methods which is coupled with our CRM HousecallPro makes a standout company compared to our competitors.
We have strategic relationships with two other contractors whose overhead is lower than ours to allow for efficient and cost-effective subcontracting when our volume is too high for our crew.
About the Business
- Years in Operation
- 20
- Currently Home Based
- Yes
- Facilities & Assets
- We run the business out of my house, our employees garages, one storage space and our three company-owned vehicles.
- Website
- https://apg-electric.com
- Market Outlook / Competition
- Demand for electrical services is growing as: electric vehicles become more popular; California phases out natural gas-fueled appliances like furnaces and hot water heaters. Insurance companies are placing new demands on apartment owners to replace Zinsco electric panels: known fire hazards. And, those same insurance companies are asking the same of homeowners who have Zinsco panels. Finally, the demand for digital/smart electric panels has not even begun but will mushroom within 5 years as more homes get equipped with solar panels and batteries.
- Opportunities for Growth
- smart panels. EV charging. gas/fossil fuel-burning appliances being phased out. Induction cooktops; EV chargers; heat pump water heaters; heat pump HVAC are all putting pressure on old electrical systems.
About the Sale
- Seller Motivation
- Owner is aging and losing energy to run this intellectually intense business.
- Transition Support
- We will support the new owner with 15 hours per week of help for 2 months. Our techs are well versed with quoting and using our HousecallPro CRM. The ideal new owner should have some construction experience and experience running a small business as you will need to "hit the ground running" from day one.
- Financing Options
- No Seller Financing
Listing Info
- ID
- 2345668
- Listing Views
- 1755
Attached DocumentsAttachment Disclaimer
APG_Electric_Company_Profit_Loss_2024.xlsx
Business Location
Listing ID: 2345668 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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