Electrical Contractor - 15 Year Business - Very Profitable, Big Upside


Electrical Contractor - 15 Year Business - Very Profitable, Big Upside

Asking Price:N/A

Cash Flow:$775,000

Gross Revenue:$4,200,000





Electrical Contractor - 15 Year Business - Very Profitable, Big Upside

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Business Description

Large Commercial Accounts - Record Growth Last 2 Years

This Electrical Contractor is turning down large jobs every week and the demand for their company has hit an all-time high since its inception over 15 years ago. Despite the tremendous growth opportunities, the owner is looking to sell the business to transition into retirement, as the current demand for their services has exceeded the owner's appetite for expansion.

He has built a terrific brand in this market, and is willing to stay on for several years under an employment agreement.

Earnings have expanded rapidly, the work-in-progress is at an all time high and the business comes with nearly $250,000 worth of equipment.

The right buyer, with some project management experience, could expand upon this success by simply bidding on all of the work that the current owner just turns away.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The real estate is owned by the current owner. He would sell the real estate, or lease it out to the new owner.
The company is one of the premier electrical contractors for large organizations in financial services, healthcare, education and media. There are several competitors in the market, but this company is certainly one of the most respected, with a brand and work quality that is sought after by the constant flow of repeat business.
Growth & Expansion:
The opportunity for growth in this business is immediately actionable from day one. The current owner does not market the business, and work comes to them every week. The existing relationships with existing large commercial accounts could be easily expanded, and the new owner could simply start bidding on the new work that is coming into the business.
Owner would carry a portion of the purchase price for the right buyer.
Support & Training:
The owner is very open to staying on with the business for as long as the new owner would like.
Reason for Selling:
Looking for a transition plan to enter into retirement

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