Return to search results

Financially Strong Union Electrical Contractor

Winnebago County, IL

Financially Strong Union Electrical Contractor
Contact Seller

Asking Price: $1,310,000

Cash Flow: $330,000

Gross Revenue: $6,300,000

EBITDA: N/A

FF&E: $363,935

Inventory: $10,000*

Real Estate: $385,000

Established: 2005

*not included in asking price.

Financially Strong Union Electrical Contractor

Save Print Share Valuation Report

Business Description

This is a financially strong union electrical contractor with an experienced team in place and a reputation for quality work.

As a leading provider of electrical construction needs in northern Illinois and south-central Wisconsin, this business offers a turnkey operation, providing a wide range of services from design/build and retrofits to electrical construction, low voltage, data, fiber-optic and fire-alarm and temperature controls. The business serves customers in the commercial, industrial, medical, federal, county and local government sectors; this amounts to plentiful work within a 45 to 50-mile radius of the company’s location. Notably, the company's excellent relationship with the local union safeguards its ability to acquire highly profitable jobs locally and stave off outside competition.

INVESTMENT HIGHLIGHTS
• Loyal customer base, mostly repeat business
• Steady revenues and Seller’s Discretionary Earnings
• Experienced team in place with reputation for excellent job-completion times
• Owner willing to train, consult and project-manage

Attached Documents


Detailed Information

Location:
Winnebago County, IL
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
14,000
Employees:
28
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large free-standing building in industrial neighborhood; facility houses shop, garage and business office.
Competition:
Top electrical contractor in the local market; excellent relationship with local union; reputation for quality work and quick turnaround times.
Growth & Expansion:
Expected new construction in local area will almost certainly provide steady business for this shop. This is an excellent acquisition for buyers looking to increase capacity of their own union electrical shop or to add electrical capability to a related union construction business.
Financing:
Negotiable
Support & Training:
Yes
Reason for Selling:
Owner wants to take a step back.
Contact Seller

Contact the Seller

Contact Seller Loading

Steve Boylan, President, CBI, ABI

Business Listed By:
Steve Boylan

Beacon Business Group, Inc.

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1654345 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


SpeedPro Imaging

Franchise Opportunity
Cash Required: $100,000