Profitable Commercial Electrical Contractor for Sale

Ottawa County, MI

Seller Financing Available
A significant portion of the Company’s business is generated as negotiated work with large general contractors and/or construction managers.

Asking Price:$800,000

Cash Flow:$294,314

Gross Revenue:$2,386,173

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$400,000*

Established:1987

*not included in asking price.

Profitable Commercial Electrical Contractor for Sale

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Business Description

The Company provides a wide range of electrical and telecommunications services to commercial, industrial and residential customers in the greater West Michigan area. In addition to these services, the Company also designs and builds industrial electrical automation systems controls. A significant portion of the Company’s business is generated as negotiated work with large general contractors and/or construction managers. The Company has 18 employees and 11 trucks. Real estate is owned by a related entity and is available for lease or sale.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
18
Facilities:
The company is run out of a 7,500 square foot facility that is owned by a related entity and is available for lease or for sale.
Competition:
Investment Highlights: Cross-Selling Strategy – The Company provides three categories of services to its clients: Electrical, Communications, and Controls. Marketed correctly, the Company can be a one-stop shop for those looking to build or overhaul their facilities. Combining the designing and construction of these various systems provides the Company with great efficiencies and a competitive advantage. Low-Risk – Ownership has been profitably operating the Company for over three decades – in both good economic climates and bad. As fewer and fewer individuals begin apprenticeships in the skilled-trades, the Company’s services are becoming more highly valued. Serving a Healthy and Growing Economy– West Michigan’s economy continues to grow and become more diversified in its industrial composition than it has ever been before. Excess commercial, industrial, and residential real estate capacity remains low, which is driving a long pipeline of building projects.
Growth & Expansion:
Growth Opportunities: Growing Solar Energy Market – With several large renewable energy projects under its belt, the Company has the personnel, experience, and competencies to support service or installation of solar energy systems or other alternative energy systems. With the decreased cost of solar panels, there is an opportunity for growth in the residential market as well. LED Lighting – Although the Company is currently involved in the installation of energy-efficient LED lighting for many customers, ownership believes an attractive opportunity exists for someone to generate even more business by pursuing leads with area businesses to retrofit LED lighting. Security and Alarm Systems – The installation and service of security systems, CCTV systems, fire alarms and other similar systems represents a potentially attractive future growth area for the Company. IP Telephone Systems – The Company is also capable of converting legacy phone systems to lower cost IP telephone systems. These systems can be managed remotely by the Company making it a very efficient operating model.
Financing:
Available for qualified buyers. With SBA Financing Buyer Needs Only $160,000!
Support & Training:
Owner is willing to assist through a smooth transition period.
Business Website:
http://www.caldergr.com/established-commercial-industrial-electrical-contractor

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Max Friar

Business Listed By:
Max Friar

Calder Capital

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