Com'l, Indtr'l Elec Contractor- Healthcare, Telecom, Wastewater Plants


Com'l, Indtr'l Elec Contractor- Healthcare, Telecom, Wastewater Plants

Asking Price:N/A

Cash Flow:$1,073,000

Gross Revenue:$7,000,000





Com'l, Indtr'l Elec Contractor- Healthcare, Telecom, Wastewater Plants

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Business Description

Founded in 1976, the Company has a total customer base of 50 clients, of which 20 are recurring accounts and consists of wastewater (28% of 2015 sales), healthcare companies (25%), local government jobs (10%), and miscellaneous (37%) customers in Southeast Florida. Since inception, the Company has been providing services in Palm Beach, Broward, and Dade counties in Florida.

The Company generates revenue, profitability, and name recognition primarily through word-of-mouth referrals and invitations to bid from existing and new clients. As the Company has obtained more exposure with healthcare and wastewater clients, its strong reputation has spread within this market segment.

The Company employs 24 full-time and 2 part-time personnel. The employee base is broken down as follows: electricians (15 employees), foremen (5), project manager (1), office manager (1), administrative (1), ownership (1), warehouse/shipping (1 part time), and customer service (1 part time.)

• Critical Mass: Sales of $7.0 million in 2016 will be attractive to buyers seeking to establish a strong foothold or increase market share within the industry. The Company’s critical mass is a result of its quality of service offerings and established reputation within the local industry.

• Backlog of Signed Contracts: The Company currently has a $7-8 million backlog of work under contract that is expected to be completed in near future. This strong backlog will provide consistent demand and revenue streams for the Company in addition to the acquisition of new contracts.

• Reviewed Financial Statements: The Company’s financial statements are reviewed by an independent Certified Public Accountant. The use of an independent CPA provides greater assurance to the accuracy and credibility of the historical financial performance.

Detailed Information

24 FTE; 2 PTE

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Mark Breheny

Business Listed By:
Mark Breheny

Generational Equity, LLC

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Sponsoring Broker:
Don Sawyer

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