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Description

NJ based Successful Electrical Business

Business Description

Successful Electrical company providing outstanding customer service to both commercial and residential customers in South Jersey for over 19 years. His customer base is strictly from referrals and word of mouth. An ambitious new owner could easily increase the customer base through social media and marketing.
To ensure a successful hand-off to the Buyer, the Seller is available to remain on and be involved, as necessary, in the business operations for a period (to be negotiated) to transfer his knowledge and industry relationships. The sale includes inventory and one well-maintained , custom Chevy box truck value about $80,000 a Ford pickup truck $3-$4000.
The company is owned and operated by a licensed electrician, who primarily manages the business and prepares commercial estimates. There is a significant growth potential. The owner has built the business to a point where his foreman manages the jobs onsite. There are 2 additional employees. The staff has been with the company for many years. The owner points out that customers like to see familiar faces they have worked with before and is proud of his staff and their loyalty.
The business has built a database of approximately 4,000 residential and commercial customers, over the past 16 years. Obviously, not all of these customers may contact the business in any given year, but they will call when electrical services are needed. In a year’s time this company has provided service for about 225 clients.

Detailed Information

Inventory: Included in asking price

Employees: 2

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Reason for Selling: Retirement

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Anne Caruso