Residential/Commercial Electrical Contractor 1035

This well-established Electrical Contractor business has been building a quality reputation in their county for 30 years. No ad spend, and owners are not involved directly with production – includes 3 employees and a foreman that carry out day-to-day operations. Strong repeat residential and commercial clients and the go-to contractor for cleaning up others’ mistakes. The Owners are ready to retire and commit to their hobbies fulltime. All employees working on electrical are licensed (Buyer to verify). Great bolt-on or searcher acquisition, start with a full production team and 3 work vehicles. Business will need to move upon acquisition. NDA required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: The business location will need to move upon acquisition, all business equipment will go with the new owner. Competition: Highly fragmented without a large regional competitor. Growth & Expansion: Start an ad-campaign, online marketing or referral program. Financing: TBD if structure and terms are acceptable, owners are ready to retire and are willing to work with a well-qualified interested party. Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business. Reason for Selling: Retirement