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Electrical Contractor

Elgin Area, IL (Kane County)

Seller Financing Available
Electrical Contractor
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Asking Price: N/A

Cash Flow: $610,299

Gross Revenue: $4,922,281

EBITDA: N/A

FF&E: $150,000

Inventory: $174,000*

Established: N/A

*not included in asking price.

Electrical Contractor

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Business Description

This well-respected electrical contracting firm has been serving the Chicago area industrial, commercial, and multi-unit residential markets for 50 years. During that time, it has established name recognition for its design/build capabilities, competitive pricing, and strong service philosophy. Its customer base is staunchly loyal.

The company has the technology, engineering skills, and manpower to handle jobs ranging up to $1 million-plus in installation costs, and has experience and expertise in some of today s most demanding wiring specialties. Projects have been completed for the Chicagoland stores of several national retailers, as well as for a famous Chicago sports landmark and numerous commercial and industrial facilities. In the residential sector, the company has particular strength in the condo market.

A highly trained workforce; close relations with local unions, builders, contractors, and municipal authorities; and a spotless reputation and credit history add to this form s strength. An expanding regional economy, with construction opportunities across all building sectors; and a scenario of increasing dependency on electrical power and complex wiring infrastructures will drive opportunity for the foreseeable future.

With its stable foundation of accounts, this company would be an excellent acquisition for a strategic buyer with the capital to mount a marketing program and aggressively pursue larger and more complex jobs. The firm also represents a first-class entry into the booming northeast Illinois market

Detailed Information

Location:
Elgin Area, IL
Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1200 sq. foot office and 1900 sq. ft. wharehouse
Competition:
Variety of competition
Growth & Expansion:
The company has no formal outreach program. A marketing program along with additional capital could allow the company to attract other customers along with aggressively pursuing larger and more complex jobs
Financing:
Yes, depending on price and terms
Reason for Selling:
Other interests
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(from currently available funds)
 
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John Radgowski

Business Listed By:
John Radgowski

The Midwest Group

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Sponsoring Broker:
Midwest Group

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