Electric Business for Sale

Ann Arbor, MI

Business for Sale - $325,000

Agent Info

Michelle Webster

Property Info

  Electric Business for Sale
  Ann Arbor MI 48109
UpdatedJune 23rd, 2023

Property Description

Owner would like to retire and leave 3 electricians and office staff in good hands with another great company for them to thrive in. Seller currently does the estimating and is willing to train a new owner if buyer needs trained and/or would like additional mentoring. Owner has good loyal 3rd generation customer list; 80% residential, 20% commercial and industrial customers. Employees have been with the business for a long time.

2023 Revenue as of mid-May $396,683.23. With the additional electricians recently onboarded, seller anticipates a really good year!

There are 2 vans, a bucket truck, one trailer, and a Bobcat with bucket and forks that come with the purchase of this business. Inventory is negotiable and currently is maintained at an approximate value of $70,000 (not included in ask price). SDE cash flow is reflected in this advertisement. This is a non-union shop.

Financing: Seller may consider a partial sellers note with a meaningful down payment.

NOTE: In order to own this business you or someone on your team must have a master electrician’s license and an Electrical Contractor’s license through the state of MI. Seller is willing to work with a qualified prospective buyer on this for a pre-agreed upon period of time.

Facilities: Leased location has a one-year option to renew. It is currently operating out 2400 sq ft commercial building which includes a warehouse, garage, storage areas, and offices.

Competition: This business has a great reputation for excellence and quality in its work and customer service.

Growth/Expansion: This has been a very steady stream of income for the owner for many years. Income could possibly be increased by securing more commercial accounts.

If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement) . Call 734-323-0376 or email Michelle at michelle.bbfbrokers@yahoo.com for more information.


Gross Income : $688,802

Cash Flow: $87,921 (SDE)

FF&E: $164,953 (included in Asking Price)