Business for Sale

Electrical Contracting Business

usiness
867 Victoria Street Kamloops Thompson/Okanagan Thompson-Nicola
Service
$389,000.00
 

Business Address is Broker Address. Name and location to be disclosed after signing a Confidentiality Agreement.

This Electrical Contracting Business has been operating since 1986 in south-western British Columbia. Nestled in a quiet community, outside of Vancouver & the lower-mainland, this business has built a fantastic reputation and is in a great position for a successful transition.

The companies work comprises of 55% residential, 30% commercial, and 15% industrial and can contract up to 750-amp service. The company also provides service for; renovations, construction, data cabling, electrical maintenance, fire alarms, emergency lighting and power smart upgrades.

The company has built an impressive client base, including; BC Hydro, BC Ambulance Service, RCMP, Canada Post, Ministry of Children & Families, BC Government Services, Banks, Hotels, Motels, Municipalities, CN Rail, Telus, & numerous First Nations Bands. The business has little to no competition in the area.

The ideal purchaser would be an electrical contractor or electrical company looking to expand into a new community, benefit from immediate cash-flow and attain a well-established client list. This would also be a great opportunity for an electrical contractor looking to escape the busy life of the city and move to a quieter community.

The seller wishes to retire. They will assist the new owner in every aspect of the business transition, ensuring client and staff relationships are well-maintained and transition successfully.

There are five well-trained full-time staff members; 2 journeymen, 2 electrical apprentices, and 1 office administrator. The owner currently is active in the business but focuses on quoting, project management, and business growth.

The seller is willing to provide a portion of vendor financing to qualified buyers.



 

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Community Profile: Kamloops

Thompson/Okanagan
Thompson-Nicola

Kamloops is the third largest city in British Columbia outside of the Lower Mainland. The city offers a relaxed and safe lifestyle in a spectacular, natural setting. Kamloops offers unparalleled research and educational capabilities, excellent transportation infrastructure, a highly skilled workforce and is the transportation hub for rail, air and roadways of the Interior of B

Statistics
Total Population 90,280
Median Household Income $73,822 ($CDN)
Closest Commercial Airport Kamloops Airport (7km)
Closest Ocean Port Port Metro Vancouver (349km)
Closest Major Centre Vancouver (349km)
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