Electrical Repair, Maintenance & Installation Company - New Orleans

Description

Electrical service business for sale with a large protected territory and support from a national franchise system.

The company handles installation, repair and other electrical work for residential and commercial customers. Residential jobs account for about 80% of sales, with commercial work making up the remaining 20%.

Included in the sale

• Two service vans
• Electrical tools and equipment
• Existing customer base
• Protected service territory
• Franchise operating systems

The seller reports year-over-year revenue growth of approximately 27%.

The franchisor assists local owners with recruiting and interviewing technicians, including master electricians when needed. Franchisees also have access to supplier discounts and rebate programs negotiated through the larger system.

The owner’s role can focus on management, sales, hiring and local business development rather than personally completing electrical work.

The listing states that prior electrical experience and an individual owner license are not required under the current model. Buyers should verify this independently. Electrical contracting, permits and qualifying-party requirements vary by state and municipality, and appropriately licensed electricians or master electricians may be required for the company to operate.

This is a resale of an existing franchise business. Continued use of the brand and territory is subject to franchisor approval and transfer requirements.

Buyers should review historical financials, the reported 27% growth, revenue by residential and commercial work, recurring customer activity, vehicle titles, equipment included, employee retention, territory boundaries, franchise fees, royalties, supplier programs and any master electrician or contractor licensing arrangements during due diligence.