17552-Highly Reputable Commercial Electric Contractor

AZ

Seller Financing Available
17552-Highly Reputable Commercial Electric Contractor
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Asking Price: $695,000

Cash Flow: $93,000

Gross Revenue: $669,000

EBITDA: N/A

FF&E: $131,000

Inventory: $140,000

Established: 1985

17552-Highly Reputable Commercial Electric Contractor

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Business Description

The company is a long-standing, professional full-service electrical contractor for businesses surrounding the Phoenix, Arizona area. The primary product and service lines include the design, build, implementation, and service of commercial electrical systems. The 6,000 square foot facility is owned with an additional option to lease or purchase. Since its inception, the company has grown exponentially, with the majority of its revenues coming from repeat business and strategic market capitalization in its geographic market. The customer base consists primarily of commercial building contractors, construction companies, and large corporate accounts. With a manager in place, the company has a proven track record of being able to stay ahead of market trends, new technologies, and changing trends in the fast-moving world of electrical technology systems. The company is also capable of providing repair services to its installations, and through service-level agreements, to both contractors and commercial customers. By providing repair services, they maintain an even higher presence in the market by being able to capitalize on its customers entire electrical needs. In 2018, the total revenue was $669,292, with Seller’s Discretionary Earnings of $93,381. In the years 2014 – 2016, the company’s total revenues were between $1 million and nearly $4 million. Due to lack of capital, the company could not maintain the larger jobs. However, they have since grown revenues stably and continue to climb through the strategic relationships and the backbone of growth they have achieved. The company continues to have strong revenue growth and profits year after year and shows no sign of slowing down. The ownership believes that its quality reputation, service, operational capabilities and diversity in the marketplace have attributed to continued success. There are many opportunities presented for new ownership to continue growth with minimal capital infusion.

Detailed Information

Inventory:
Included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner is available for a standard transitioning period up to one year.
Reason for Selling:
Other interests
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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