Description:The Company was founded in 2008 and carries the Angie’s List Superior Service Award and has been voted as one of the three best electricians in Raleigh. The current revenue base is about half commercial and half residential and the Company serves over 70 property management companies. As a service only business, the Company usually handles repairs and upgrades that can be completed the same day. The Company operates off a cloud-based platform which allows it to operate at maximum efficiency, while offering same day service. The Company’s commercial customers consist of many of the leading franchises such as Starbucks, Moe’s Southwestern Grill, Duncan Donuts, 84 Lumber, Costco, and Kohls and the Company has a significant number of recurring customers in both the commercial and residential sectors. The Company’s services consist of a wide range of electrical work including preventative services, power outages, equipment installations and retro fits.
Competition:Many local competitors do both construction along with repair and maintenance services which makes it hard for them to be efficient enough to compete by doing same day repairs.
Growth/Expansion:While the Company has outstanding organic search rankings due to over 800 reviews with a 5-star rating, the current owner has not invested any significant funds in marketing outside of the internet. A comprehensive marketing program could bring in additional customers, thereby increasing revenue and cash flow. Also, a buyer could generate additional revenue by expanding geographically throughout the state, as the virtual business model allows for geographic expansion at very little cost.
Support/Training:owner is willing to provide an ample transition
Contact: Tim Martin
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