Prominent Electrical and Dry Utilities Contractor
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $24,500,000 | Real Estate: | n/a |
| Cash Flow: | $3,500,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The Company primarily operates in two related business lines, electrical contracting services (80% of overall 2008 revenue) and underground dry utility services (20%). Our client operates out of a 3,000 square foot shop and a 7,000 square foot shop, both of which are now owned by a related entity. The Company's overall staff totals 63 full-time personnel, excluding the two owners.
The Company enjoys a long-standing (~20 years) reputation for reliable expertise and superior customer support within its market. The Company possesses customer relationships which range from two to thirteen years.
Government spending on infrastructure projects is expected to be high during the next decade. Despite federal and state deficits, funds for highway and other infrastructure construction projects are expected to favorably impact the subject. Currently unfunded highway projects in the Company's locale are estimated well in excess of $5 billion. Moreover, reports suggest that the local market will experience among the highest rates of population growth over the next 20 years. These expectations bode favorably for future infrastructure and commerical construction.
The Company enjoys a long-standing (~20 years) reputation for reliable expertise and superior customer support within its market. The Company possesses customer relationships which range from two to thirteen years.
Government spending on infrastructure projects is expected to be high during the next decade. Despite federal and state deficits, funds for highway and other infrastructure construction projects are expected to favorably impact the subject. Currently unfunded highway projects in the Company's locale are estimated well in excess of $5 billion. Moreover, reports suggest that the local market will experience among the highest rates of population growth over the next 20 years. These expectations bode favorably for future infrastructure and commerical construction.
About the Business
Year Established:1989
Employees:63 full time - 0 part time
About the Sale
Seller Financing:Modest seller financing will be considered subject to the qualifications of the acquirer.
KEYWORDS: electrical dry-utlities utilities construction contractor
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