Electrical Contracting Services
| Asking Price: | Not Disclosed | Inventory: | $10,000 ++ |
| Gross Revenue: | $4,060,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $635,000 (comments below) | FF&E: | $105,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: est. 2008 | |||
| Cash Flow Comments: est. 2008 adjusted EBITDA | |||
This highly reputable and profitable electrical contracting company has enjoyed tremendous growth and has unlimited future potential for continued growth and success. The Company has a well-recognized name and reputation in the industry, and there is a clear need for its services. Further, there are many profitable areas that the Company could tap into that would expand its services and facilitate continued growth, such as the addition of a marketing department to address the lack of outside sales, implementation of industrial service and maintenance contracts, and re-establishing a residential division. The Company’s professional services are currently limited to commercial and industrial work, but at one time, it also offered residential contracting. The Company is ranked in the top 20% among electrical contractors in its market. This is in large part due to their higher bonding availability—up to $4 million— which is greater than its competitors and allows the Comapny to bid on jobs that others cannot. The company currently employs 18 full time non-union employees.
About the Business
Employees:18 full time -
Facilities:The Company utilizes an 800 sq ft office building and 900 sq ft of storage and warehousing space. Office space is owned with the option to be leased or sold. Rent for the office space: $800/mo. Inquire for more details.
Market Outlook and Competition:There is competition in this area. This company sets itself apart and above the competition through its ability to bid on much larger projects than its competitors along with its unmatched quality of service starting with its highly trained and experienced foremen.
About the Sale
Reason For Selling:Retirement
Seller Financing:Owner is willing to negotiate the financing of a portion of the sale.
KEYWORDS: Electrical Contractor Utah construction service
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