Price: $5,099,000
Annual Revenue: $3,985,000
Minimum Equity Required: $2,040,000
SDE: $845,000
Location: Nova Scotia
Industry: Special Trade Contractors
ID: 1414
Status: New
Take charge of your future with this opportunity to own a well-established electrical company. With a proven track record of delivering high-quality electrical services, this business has built a strong reputation for reliability and customer satisfaction. The company specializes in both residential and commercial projects serving a diverse and loyal client base across the region.
Operating with a team of highly skilled and certified electricians, they are equipped to handle projects of any scale, from small residential jobs to large-scale commercial and industrial projects. The company’s commitment to safety, precision, and excellence has set it apart as a leader in the industry.
This business is ready for the next owner to step in and continue its legacy of excellence.
The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.
By completing the NDA and becoming adequately qualified, you will be be sent a full Offering Memorandum that will answer most, if not all, of your questions.
Annual Revenues and Seller's Discretionary Earnings, fiscal year end is November 30:
2024 Projections
Revenue: $4,000,000
SDE: $905,000
2023
Revenue: $4,345,000
SDE: $880,000
2022
Revenue: $3,970,000
SDE: $810,000
2021
Revenue: $2,995,000
SDE: $525,000
* 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.
** Please refer to our Minimum Equity requirements. Our expectations are for a buyer to be "capable" of making a minimum 35% down payment on the final negotiated purchase price, to be considered truly qualified. Typical loan amortizations for businesses like this range from 7 years to 10 years. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
For more information on this listing, please complete our Non-Disclosure Agreement
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview