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Electrical Services Firm

AL

Electrical Services Firm
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $5,200,000

EBITDA: $631,000

FF&E: N/A

Inventory: N/A

Established: N/A

Electrical Services Firm

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Business Description

BUSINESS HIGHLIGHTS

The Company is a professional, licensed and fully-bonded electrical contracting firm serving residential, commercial and industrial customers.

Revenue is generated through the mix of on-demand electric services and new construction electrical work primarily with general contractors and the Company serves approximately 200 customers in any given year with over 500 customers in its database.

INVESTMENT APPEAL

OSHA Compliant—The Company is fully compliant with all applicable OSHA and other governmental requirements. The Company has an impeccable safety record and all records are up-to-date.

Repeat Business—The Company maintains an established and growing customer account base and has an estimated 65% retention rate to help ensure business continuity. Some customers have been with the business since 1992.

Loyal Employees—The Company employs 29 full-time employees (excluding active owners) and have successfully trained its staff to operate in a safe and efficient manner which is represented by the above average profit margins generated by the Company when compared to the industry.

Low Capital Expenditures—There exists very minimal capital expenditures due to the service oriented business model.

COMPANY STATS

Over 33 yrs of operations

S-Corporation

> 29 full-time employees

FACILITY DETAILS

Leased from related party

Office/Warehouse

> 5,000 sq. ft. of space

Detailed Information

Reason for Selling:
Exit Planning for Retirement (flexible to remain)
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(from currently available funds)
 
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Sam Sumner

Business Listed By:
Sam Sumner

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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