Hot Listing
Electrical Commercial Contractor-Middle TENN-Large, Growing,Profitable
Business Description
This +30-year-old business located in the high-growth Middle TENN region, represents an opportunity to acquire a profitable and established commercial electrical construction company with recurring revenue, an experienced workforce, proven operational systems, and great relationships with general contractors, architects and engineers. This business is perfect for either a company wanting to establish a presence in Tennessee and the Southeast, add electrical services to their other construction related business(say HVAC), and/or for an owner operator looking to be their own boss. Operating continuously for decades, this turnkey business has established itself as a trusted provider of commercial electrical and lighting solutions to commercial and industrial clients. The current owner is willing to remain at the business for an extended period in order to facilitate the client relationship transitions and assist in managing and completing the pipeline of extensive work in progress and on the books.
REASONS TO BUY THIS BUSINESS:
• Proven Reputation: Known for high-quality work in the commercial and industrial sectors, backed by loyal customer relationships.
• Strong Financials: $1,100,000 in annual SDE cash flow and average annual revenues around $7,500,000, with a solid client base, generating consistent revenue without active marketing efforts.
• Expansion Potential: Limited local competition in their size projects and high demand create substantial room for growth, including workforce expansion and geographic service area extension.
• Turnkey Operation: An experienced team is in place, with a seamless transition plan from the current owner committed to ensuring continued success.
• Prime Location: This strategically located business has easy access to highways and clients.
• Real Estate: The building and land are also available in addition to the business.
• Employees: The business has 22 employees and utilizes subcontractors. Most employees have been with the company for an extended period of time.
This opportunity offers a prospective acquirer a well-established commercial electrical construction company with a recognized reputation, diverse service offerings, and strong industry relationships—well-positioned for continued growth in the expanding Middle TENN market.
REASONS TO BUY THIS BUSINESS:
• Proven Reputation: Known for high-quality work in the commercial and industrial sectors, backed by loyal customer relationships.
• Strong Financials: $1,100,000 in annual SDE cash flow and average annual revenues around $7,500,000, with a solid client base, generating consistent revenue without active marketing efforts.
• Expansion Potential: Limited local competition in their size projects and high demand create substantial room for growth, including workforce expansion and geographic service area extension.
• Turnkey Operation: An experienced team is in place, with a seamless transition plan from the current owner committed to ensuring continued success.
• Prime Location: This strategically located business has easy access to highways and clients.
• Real Estate: The building and land are also available in addition to the business.
• Employees: The business has 22 employees and utilizes subcontractors. Most employees have been with the company for an extended period of time.
This opportunity offers a prospective acquirer a well-established commercial electrical construction company with a recognized reputation, diverse service offerings, and strong industry relationships—well-positioned for continued growth in the expanding Middle TENN market.
About the Business
- Years in Operation
- 25
- Facilities & Assets
- They occupy a freestanding building near the interstate with good access to main highways.
- Opportunities for Growth
- Growth can be realized by marketing their reputation for service excellence and positive customer reviews, and securing maintenance contracts for new and retrofitted systems. Implement outreach and marketing plans for building new strategic partnerships with general contractors, engineers, and commercial property managers, is a solid opportunity.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement, travel & grandchildren
- Transition Support
- The current owner is willing to remain at the business for an extended period in order to facilitate the client relationship transitions and assist in managing and completing the pipeline of extensive work in progress.
Listing Info
- ID
- 2419338
- Listing Views
- 37
Listing ID: 2419338 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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