Commercial and Residential Electrical Contractor For Sale


Commercial and Residential Electrical Contractor For Sale

Asking Price:$1,399,000

Cash Flow:$432,036

Gross Revenue:$3,610,000





Commercial and Residential Electrical Contractor For Sale

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Business Description

This family owned company since 1987 has become one of the top commercial and residential electrical contractors in the Puget Sound region. Commercial is their predominate work with Medical/Dental Clinics, Motel/Hotels, Multi-Unit Housing, Apartments, and manufacturing facilities but they do have residential and low voltage (alarm, security, and entertainment) units. Also on the commercial side they have long term agreements/contracts for multi-units new construction up through 2016. The company boasts 15 trucks, vans and their employees base ranges in the 38-52 range.

Detailed Information

Included in asking price
34 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
They are currently turning away projects as crews are at full capacity, in the current small business environment they are now keeping their employee base under 50 for financial reasons. Owners are also at a place in life where growth is not appealing to them.
Support & Training:
Will train for 4 weeks @ no cost. Current owners run the office staff, accounting and sets crew work schedules. They help with the overall bidding and sales process but the field crews are run by the site manager.
Reason for Selling:
Owners wanting to retire.

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Murphy Business

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Murphy Business

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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