Denver County, CO Electrical and Mechanical Contracting Businesses For Sale

Electrical and MechanicalColoradoDenver

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Absentee Ownership! - Profitable Security Company for SaleHigh cash flow!
$600,000Cash Flow: $192,710Seller Financing
Absentee Ownership! - Profitable Security Company for SaleHigh cash flow!

Denver, CO

Security company for sale that services the Denver Metro area. This company specializes in installing security equipment and cameras for larger corporations like Walmart, King Soopers, Ross, Lowes, Home Depot, etc. These are all jobs that will continue to bring the new owner a steady supply of cash flow and sales. The current owner generated over $192K cash flow operating this completely absentee. With Colorado growing at a record pace, this business will continue to prosper and develop exponentially. Capture more of the security market running this owner/operated or diversify into the residential sector. This business has only scratched the surface. Take advantage of this once in a lifetime opportunity. This will not last long! To view more listings, please visit www.denverbbs.com

Electrical Contracting CompanyElectrical Contracting Company
Cash Flow: $269,000
Electrical Contracting CompanyElectrical Contracting Company

Denver, CO

The Company is headquartered in Colorado and is a professional, licensed electrical contracting firm serving residential, commercial, industrial, and agricultural customers throughout western Colorado. The Company’s revenue mix consists of on-demand electrical services (40% of 2017 sales), new construction electrical work (30%), and remodeling electrical projects (30%). The Company serves residential (80% of 2017 sales) and non- residential (20%) customers throughout western Colorado. Non-residential customers include a wide range of businesses, industrial facilities, and agricultural customers, such as farms and ranches. Currently, the Company had approximately 1,180 customers and serves 400 to 500 in any given year.

Industrial/Commercial Electrical Contractor
$1,499,000
Industrial/Commercial Electrical Contractor

Denver, CO

This diversified electrical contracting business provides service and installation to commercial and industrial clients. They provide turnkey design/build services in a market niche that few others fill. The Company has a strong maintenance and service department which complements their design/build services which are well diversified. Their customer base is varied and there is little concentration. The outstanding relations that they have developed with their customers result in much repeat and referral business. Employees are well-trained, highly skilled and provide outstanding service. Owned by the current owner, their current space is available for sale or a long term lease. With growth opportunities available, this is an excellent acquisition opportunity for a qualified purchaser.

Full Range Electrical Contractor,Record Amount Contracted Future Work!
$850,000Cash Flow: $356,000Seller Financing
Full Range Electrical Contractor,Record Amount Contracted Future Work!

Denver, CO

(This company is currently under and LOI which allows us to continue to market but we can't accept any other offers until the LOI expires) The trailing 12 month earnings through July 31, 2019 were 356K from revenues 4.7M in revenue. 2018’s earnings were 344K from revenues of 4.4M. This business has been growing at over 30% per year until this year when he decided to sell because he doesn’t think he is good a running a big company. 2019 is up over 2018 both on the top and bottom lines and they do currently have a record amount of contracted future work. The owner started the company in 2007 and has a customer list that has building ever since. To date, the company has never had a need to invest capitol or efforts into marketing, even in its largest growth years. A great reputation in combination with a long-standing and recurring customer base will undoubtedly continue to provide the revenue necessary to thrive. The owner is not in the field doing electrical work except when job site visits may be necessary to upkeep customer and employee relations. He works approximately 45 hours a week. The company employs a project manager who oversees the majority of the company's projects from start-up through close-out. There are two superintendents on staff who oversee the work in progress, one of whom holds a masters electrical license. They utilize a very simple industry standard estimating program that has been perfected and managed by the on staff estimator and can also be taught to the new owner relatively quickly. The company has 35 employees including 30 full time electricians, a project manager, two superintendents, a warehouse manager, an estimator, and an office manager. The company has more than one master’s license which a buyer can utilize. In 2017 the company employed an unsuccessful estimator, resulting in significant losses that year. In July of 2017 the individual was replaced with a seasoned estimator who has proven to be efficient, organized, and extremely successful at estimating and contract negotiation. The owner believes all employees are happily employed and will remain with the company after the sale. The employees are all very loyal and hardworking individuals who will continue to be assets for the new owner. The buyer will get approximately 170K in current value assets made up of 7 vans, 5 trucks, 1 sedan, 3 trailers, 1 skid steer, 1 excavator, 2 trenchers, 3 scissor lifts, 1 forklift as well as a multitude of tools and inventory. Location: South Denver The sales price is 850K firm which includes all assets including inventory debt free. This is just over 2 times the earnings which is very inexpensive for a company this size that is growing. Plus, a better operator would be generating much higher profits. This company’s bottom line should be over $500K. Case in point the 2017 new hire that bid several jobs at a loss. The seller will be keeping their cash and accounts receivables and will pay off all debt including the accounts payables so that the business transfers debt free. This is an S Corp so this can be either a stock or an asset sale. Brief Overview and Deal Points: They specialize in high end electrical contracting of all types. The company has grown historically based on their reputation through a steady long term increase in referrals along with the steady development in their market. They have a normal internet presence with some SEO and a website but advertising expenses are exceptionally low. They have long term relationships with many developers, builders, contractors, project manager, business owners, and homeowners. Growth and Expansion: A new owner can increase advertising and take on more work. The current owner has not to aggressively grow the business due to a choice to dedicate his time to his young and growing family at home who. He believes a new owner with a passion for increasing the value of the business will do very well. Keep in mind that the add backs taken in the adjusted earnings spreadsheet are traditional and do not accurately display the impact of the employee who failed the company at estimating in 2017, the owner's interest in his family, etc. There was no way to properly monetize this. The company utilizes QuickBooks for their accounting and financials appear to be in order and up to date. The owner is satisfied and proud of the success and growth of the company but has made a decision to take time to be with his family. He will help the new owner transition the business for as long as the new owner needs and is confident that it will be a smooth transition. In addition to assistance from the current owner, the new owner will have a team of loyal, trustworthy, competent and reliable employees at their side. The business has a great reputation in the industry for safety, quality, and reliability. BBB accredited with an A+ rating. A low workman's comp MOD rate proves their level of safe practices. The seller will sign a non compete and agree to full Reps and Warranties to a solid legal and business standing. There are no regulatory issues on record, no lawsuits, and no disputes with the city, county, or municipality that they work in. Please Call of Email for Information: The broker is available at any time to discuss your interest in this offering and can set up a meeting either in person or by phone with the owner(s). Thank you for your interest. Sincerely, Jeff Chapman Eisnaugle Business Broker Colorado, LLC Denver, CO Direct: 303-905-7607 Office: 303-284-7025 Fax: 720-524-6482 jeff@businessbrokercolorado.com This is prepared by Business Broker Colorado, LLC with Company Broker Group, LLC being the managing broker with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections. The information contained in this e-mail message is confidential and may be protected from disclosure. Please be aware that any other use, printing, copying, disclosure or dissemination of this communication may be subject to legal restriction or sanction. If you have received this e-mail message in error, please reply to the sender and delete it from your computer. Different Brokerage relationships are available which include Seller agency, buyer agency, or transaction – brokerage. Brokerage disclosure to Buyer or Tenant of Property. Definition of working relationships. Seller's Agent: a seller's agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller's agent must disclose to potential buyers all adverse material facts actually known by the seller's agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller. Buyer’s Agent: a buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of an accident advocate for the buyer. The buyer’s agent must disclose to all potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction. A separate written by a Buyer agreement is required which sets forth the duties and obligations of the broker and the buyer. Transaction broker: the transaction broker assist the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting parties with any contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care and the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction – broker concerning the property or a buyer's financial ability to perform the terms of a transaction and whether the buyer intends to occupy the property. No written agreement is required. Business Broker Colorado, LLC and Company Broker Group, LLC, and Jeff Chapman Eisnaugle will be operating solely as a “Seller Agent” in all transactions.


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