Electrical Contractor, Industrial, Commercial

NS (Relocatable)

Electrical Contractor, Industrial, Commercial

Asking Price:$1,950,000

Cash Flow:$882,509

Gross Revenue:$3,674,880




Real Estate:$850,000*


*not included in asking price.

Electrical Contractor, Industrial, Commercial

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Business Description

Well established company with a long history of strong cash flows. Outstanding opportunity for a strategic or financial buyer. Focused on highly specialized jobs, mostly related to the energy sector. This successful Maritime company is known for superior workmanship and loyalty, with a 90% client retention rate. Talented and experienced management team/workforce in place. This is an ideal opportunity to acquire a profitable company with capabilities in a highly technical field and a roster of blue-chip clients.

Detailed Information

Included in asking price
Real Estate:
Not included in asking price
Building Sq. Ft.:
18 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The business is housed in a pre-engineered steel frame building and is centrally located in a light industrial park with easy access to a 100 series highway.
Electrical contracting is a mature industry, most work being driven by construction/industrial activity and operation, maintenance and repair work (sometimes called "facilities services"). The industry is highly fragmented: 80% of electrical contracting firms have fewer than 10 employees. Larger companies have an advantage in getting contracts because of the increasing complexity of electrical projects and systems. Small companies can compete in local markets through service, word-of-mouth referrals, and relationships with general construction contractors. The company has few competitors in a market segment with natural barriers to entry given specialized nature of the projects it services. The company is a leader regionally having relationships with large general contractors working in the energy sector as well directly with enterprise level clients.
Growth & Expansion:
The company shall continue to grow the client base in the energy sector. By continuing to educate its workforce and work with industry associations it will leverage its knowledge and experience as a regional leader. The company offers many services, operational insights and budgets, that most electrical contractors cannot.
Support & Training:
Will train for 4 weeks @ no cost. The company is a full service electrical company focused primarily on commercial/industrial clients with a specialization in projects mostly related to the energy sector and electric utilities. Highly skilled in evaluation and interpretation of electrical engineered plans the company employs a range of equipment. The company has experience in the following disciplines, structured wiring, motor control, process and control and computer-based electrical, among others.
Reason for Selling:
The owner is looking to pursue other interests

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Mark Pothier

Business Listed By:
Mark Pothier

Murphy Business & Financial Corporation

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Murphy Business

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