Electrical Contractor - Commercial New Construction
Business Description
Founded in 1995 and headquartered outside of Charleston, the subject business provides electrical contracting focusing on large commercial projects (six and seven figure contract amounts) with a core group of general contractors for municipal, military, and commercial new construction. New residential construction is less than 10% of gross revenue. Service work is virtually nonexistent.
A strong pipeline of work and a long tenured staff make this business an attractive acquisition target for an existing operator looking to expand their footprint.
The business routinely achieves high profit margins that will prove out in due diligence.
The seller is the holder of the Class 5 – Unlimited license. The buyer will need to provide their own license. A prospective buyer having a viable solution on this issue is of critical importance to the seller before in-depth discussions can take place.
Full information package available for qualified buyers. Contact broker for NDA and additional information.
A strong pipeline of work and a long tenured staff make this business an attractive acquisition target for an existing operator looking to expand their footprint.
The business routinely achieves high profit margins that will prove out in due diligence.
The seller is the holder of the Class 5 – Unlimited license. The buyer will need to provide their own license. A prospective buyer having a viable solution on this issue is of critical importance to the seller before in-depth discussions can take place.
Full information package available for qualified buyers. Contact broker for NDA and additional information.
About the Business
- Years in Operation
- 30
- Number of Employees
- 11
- Opportunities for Growth
- While their GC's work across South Carolina and the southeastern U.S., the seller restricts their operations to one region of South Carolina. A natural opportunity for growing the geographical relationship with the GC's exits for the acquiring party.
About the Sale
- Seller Motivation
- Retirement from Electrical Contracting
- Transition Support
- Seller will provide the necessary transition assistance customary with a transaction of this type.
Listing Info
- ID
- 2298542
- Listing Views
- 2843
Listing ID: 2298542 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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