Longstanding Electrical Services Company with Real Estate


Electrical contractor focused on commercial, residential, new construction and renovation, along with other power supply services.

55 year old operation, selling for retirement purposes.
- approximately 20 staff
- owned building
- 10+ vehicles
- Excellent upside with tighter controls. Only 1 price increase in 5 years, simple example. Many other to share.

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. For the purposes of this offering, the price considers Working Capital of $100,000 to be included. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions once the listing is live.

Financial Information

Historical Annual Revenues and Seller's Discretionary Earnings:
*Fiscal year-end is July 31.

2024 Projection
Revenue: $2,000,000+ (first price increase in 5 years implemented in Summer '23)

Revenue: $1,907,000
SDE: $ in progress, expected to be approximately $250k

Revenue: $1,629,000
SDE: $164k

Revenue: $1,532,000
SDE: $242k

Required Working Capital for ongoing operations is approximately $100k. There is some cleaning up required.

SDE is calculated with the inclusion of a Fair Market Value rent expense of $27,000. 2023 SDE of $k is after $27k rent expense.

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:

Real Estate

Business occupies 3,000 sft of an 8,000 sft building, built in 1995, located on 1.6 acres and serviced by city water and sewer. There is a 1360 sft outbuilding as well, used mostly for storage.

Additional income from tenants would be in the $50,000 range, with potential to be greater than $60,000.

Property is expected to have a value of $925k or more and is included in the asking price. Financing of 85% would be available at rates in the 6% range, possible to obtain higher leverage. Mortgage payments would be approximately $5,450.