Electrical Business for Sale: Established, Growing. [City, State]
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Asking Price
$220,000
Detailed Information
Albuquerque, New Mexico, US
Not Provided
NA
Business Description
This well-established electrical installation and repair business, which includes two service vans and extensive equipment, is for sale in a large, protected territory. With 80% of sales coming from residential customers and 20% from commercial accounts, the business has seen a solid 27% year-over-year revenue growth. The parent franchise provides full support and assistance in hiring master electricians, allowing the new owner to focus on building a strong team. The electrical market is currently in high demand, expected to exceed $11 billion by 2024, and projected to grow faster than other trades. The new owner does not need prior electrical experience or licenses, as full training and transitional support are included in the sale. Additionally, the business offers various discounts, rebates, and national buying power through corporate partnerships, positioning the owner ahead of the competition. This opportunity features a recession-proof, needs-based business model, with high scalability, multiple revenue streams, and a recurring customer base. The business boasts superior customer service ratings