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Electrical Contracting Company

New Mexico

Services - Other Business Services | Electric, Gas, Water, Sanitary Services

Asking Price Not Disclosed Inventory  
Gross Income $3,185,000 Real Estate  
Cash Flow $625,000 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Great business for sale

Our client is a seasoned electrical contracting company engaged in commercial & industrial electrical sales & services, motor repairs, appliance sales & repairs, & computer wiring. They are licensed to work in NM & TX. The Company is an authorized dealer for Heartland, Frigidaire, Tappan, & White-Westinghouse appliances. With a customer base of over 3,000 active accounts, sales in 2006 were driven by commercial electrical work (54% of sales), industrial electrical work (32%), appliance sales & service (7%), residential electrical work (4%), & showroom sales (3%). The Company operates out of a leased office/shop, totaling 16,400 square feet, which features office space, a warehouse, showroom & motor shop. The building is expected to provide ample capacity to accommodate substantial growth. Staff totals 16 full-time, non-union employees & complies with OSHA requirements. Success in the industry is largely driven by reliable, accessible, on-call service, outstanding workmanship from skilled employees, & competitive prices. These & other factors contribute to an 85% rate of repeat business & position the Company well for continued growth & success. Hightlights include: Superior name and reputation: Enjoys a long-standing reputation for its electrical sales and service for over 30 years. Strong client relationships: This commitment is reflected in the strong retention rate of clients. The top five clients have been working with the Company for over 23 to 33 years. Electrical licenses: Licensed as a Master Electrician in New Mexico and Texas, and the Company also has EE-98 and El-1 licensure. Modernization retrofit construction: While the Company continues to focus on new construction, there has been a shift to modernization & retrofit projects.

AD # 329357

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