Electrical Contractor- Southwest MI
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Business Summary:
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Well organized and profitable company that provides quality electrical contracting business for sale. The company offers service in industrial, commercial, and residential areas. It also provides electrical maintenance agreements for facilities that require ongoing electrical services. This business takes pride in providing high quality electrical work and accurate and detailed estimates. Customers enjoy knowing exactly what they are purchasing. This has helped build great customer relationships, referrals and a steady stream of business.
This is a full-service electrical contractor with a highly skilled work force. It is a great acquisition to grow and existing construction related business or for the electrician that is ready to be their own boss. The business has an additional revenue stream as a factory certified dealer for Generac Generators; Sales, Service, and Installation. They are available 24 hours for emergency calls. |
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Facilities / Lease Terms:
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This business is ready to find a new home and can be easily integrated into an existing operation or run from new location with minimal transitional costs. Current facility does not come with the business.
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Real Estate:
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There is no real estate included in this offering and therefore the business will need to be relocated or integrated by acquiring entity.
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Growth Opportunity:
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There are numerous opportunities for additional revenue by expanding sales and marketing efforts in the current market, continuing to grow maintenance contracts, increasing sales in the generator business and expanding into alternative energy sectors including solar technologies.
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Competition:
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There is ample competition in the market, however market demand still out paces the supply of qualified skilled trades including electrical contractors. Therefore, there is plenty of business. This contractor is a union shop, providing well trained and consistent high-quality results. Additionally, they have built a reputation for in-depth and accurate estimates which has proven to be a competitive advantage. Lastly, this business is a certified WBE, giving them a distinct opportunity with many government funded contracts. The current owner is open to creative offers to continue the WBE and help train and transition that to the new ownership.
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Financing:
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Available for qualified buyers. Ask for details
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Support & Training:
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The seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities. The purchaser will gain understanding of the customers and vendor partners and build a working relationship with the employees.
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Reason for Selling:
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The seller wants to retire and is looking for qualified buyer that will take pride in maintaining the integrity and reputation that has been established. The seller will be available to work in the business during the transition. The seller is willing to stay on for an additional period of time to create a smooth transition or fulfill WBE needs for a buyer. All deal structures will be considered.
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Broker Contact:
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Larry Baumgart – Advanced Business Advisors, LLC
Direct: 269-330-6924 Fax: 248-564-5259 E-mail: Larry.Baumgart@AdvancedBusinessAdvisorsLLC.com |
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*The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility.
Above information is subject to change and/or correction and should not be considered binding.
