Growing and Profitable Electrical Contractor
Central North Carolina
included in asking price
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Bearing Tree Advisors, Inc. is excited to present this unique acquisition opportunity of a well-established, very profitable electrical contractor located in central North Carolina. The business was founded several decades ago and seen growth through the years, with particularly impressive growth since 2015. Gross revenue has grown from approximately $6 million in 2015 to over $9.5 million in 2018. Throughout the company’s history, it has developed a reputation for being a competitive and responsive commercial electrical contractor that provides quality install work. The company is located in an excellent location that allows them to competitively service a broad market area. The total purchase price for Furniture, Fixtures and Equipment (FF&E) to convey with the purchase was over $1.5M. The equipment is very well maintained. The current owner believes there are several avenues available for expansion, including opportunities for the performance of additional service work.
After having spent many years successfully building the business, the owner wishes to retire and would like to see the business continue to thrive under new ownership.
Once an NDA is signed, Bearing Tree Advisors will provide a detailed memorandum summarizing all aspects of the business, including the financials.
The purpose of this listing is to provide basic information about the company being offered for sale. An acquisition candidate should conduct its own due diligence investigation and confirm any and all information. All information presented herein was provided by the company and Bearing Tree Advisors, Inc. has not independently verified such information and makes no representations, either expressed or implied, as to the accuracy or the completeness of such information.
About the Business
Contact the Seller
- North Carolina
- Number of Employees:
- Real Estate:
- Building Sq. Ft.:
- $8,000.00 Per Month
The facilities are well designed to support the operation and the building is centrally located in the area where works if performed. The building was recently built and includes approximately 10,000 square feet of warehouse and 5,000 square feet of office.
The company performs many projects in the $350,000 - $1 million range. Feedback from its clients has confirmed that the larger companies in the region are less responsive to the client needs and that the smaller companies lack the necessary resources to complete a quality install in a timely manner and within budget.
Growth & Expansion:
Many avenues available for expansion that are discussed in Confidential Offering Memorandum
About the Sale
- Reason For Selling:
The seller is committed to helping a new owner achieve success and will provide post-sale training and consultation.
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