Electrical Contractor with Longstanding History in Florida

Miami, FL (Miami-Dade County)

Electrical Contractor
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Asking Price: N/A

Cash Flow: $374,458

Gross Revenue: $2,482,304

EBITDA: N/A

FF&E: N/A

Inventory: $60,000*

Rent: $3,750 /Month

Established: 1985

*not included in asking price.

Electrical Contractor with Longstanding History in Florida

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Business Description

The opportunity is a South Florida based electrical contractor in business since 1985 with a deep rooted reputation as an experienced , skilled,reliable and trusted specialty trade operator. The majority of their work is for the commercial and government sector providing the installation of electrical systems as well as the repairing and maintenance of ongoing projects. They also maintain a presence in the residential sector. They are in high demand due to their reputation, skill, team of tenured tradesman, and their ability to tackle specialty electrical projects that other electrical contractors do not have ability, experience, or desire to perform due to their complexity. The company has experienced dynamic growth over the past year and have a significant amount of work In progress(WIP). Despite the rapid growth there is ample opportunity for a new acquirer to continue to grow the business and maximize opportunities the current ownership have not had the will to pursue. Examples include expanding geographically or simply accepting more service repair work. The turnkey operations, stable revenue streams with ample future contracts, increasing demand for specialty electrical contracting services, combined with the limited availability of skilled tradesman, mark this as an appealing opportunity for acquirers seeking to penetrate the Florida marketplace. SBA financing available.

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Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
N/A
Employees:
15
Facilities:
The company operates out of an 3500 sf facility with office and warehouse space custom built for the industry and ideally located to service South Florida. The business performs projects throughout the state and is relocatable.
Competition:
Market demand is high particularly for firms with skilled tradesman and ability to perform niche projects. Team in place, many future projects already secured, high retention rate of clients. Company has clean financials as evidenced by their ability to attain bonding. SBA financing available.
Growth & Expansion:
Opportunity for an outside company to have instant penetration into the difficult South Florida market and acquire a rare to find skilled labor force to export their specialty skill set to other projects outside the current geographic scope. A company that currently or seeks to expand their service work can attain instant access to a client base that Company has available to them but that they are currently not focusing on. This is low hanging fruit for certain operators. Increase sales by expanding sales and marketing programs to go after their niche market capabilities. Upgrade pricing structure.
Support & Training:
Ownership is willing to remain post transaction for support, training , and execution of growth strategies.
Reason for Selling:
Retirement and to achive growth.
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Michael Weihl

Business Listed By:
Michael Weihl

Sirius Business Advisors LLC

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