Founded in 1998, the Company specializes in a broad range of electrical services, including installation and support for both residential and commercial clients. It operates primarily within a three-county area in Florida, though it offers services throughout the state, with its headquarters located in Orlando, FL. The Company boasts a diverse customer base; its largest client contributes only 15% to its revenue, and it serves over 500 customers in total.

Additionally, the Company is an authorized dealer for Generac Generators, the leading brand of home generators in the US. Since its founding, the owner has successfully managed and expanded the business, which enjoys high gross margins of 75%—significantly above average for similar-sized electrical businesses.

The Company's position is uniquely advantageous relative to economic conditions and the housing market. During strong economic and housing markets, there is high demand for new electrical installations. Conversely, in weaker economic times, there is an increase in upgrades and remodeling, which also necessitates electrical services.

INVESTMENT APPEAL

Strong Financial Performance: The Company’s revenue has grown by 25% over the past two years with very strong gross margins consistently in the 72%-76% range over the same period compared to industry average gross margins of 49.1% for similar sized electrical businesses. Additionally, they have managed Operating Expenses which have dropped from 62.2% in 2021 to 57.1% in 2023.

Excellent Growth Opportunities: There exist ample opportunities for the company to significantly grow revenue including leveraging the company’s proven reputation within and outside the region through expanded marketing and additional human resources.

Superior Name and Reputation: The Company enjoys a long-standing reputation for supplying quality products and superior customer service. A validation of their reputation within the region is its approximate 70% rate of repeat customers.

Authorized Dealer of Brand Name Products: The Company is an authorized dealer for Generac Generators which is the most popular for home generator in use throughout the U.S.