Premiere Denver-based Electrical Contractor with Dynamic Growth

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Tracking for $10M+ in 2019 with Trailing 12 month sales and profit up near 40%
Asking Price:
$4,495,000

Gross Revenue:
$6,800,000
Cash Flow:
$1,270,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$360,000
included in asking price

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Business Description

10+ Year Old Denver Metro Commercial Electrical Contractor with over $6 million in sales in 2018. Trailing 12 month sales are up nearly 40% and net profit is up over a 100% as compared to the prior 12 month period.

There is $10+ million on the books for 2019 with multiple projects that will roll into 2020.

Experienced staff in place including a licensed Master Electrician. Business is growing beyond the current owner's ability to manage it and has significant upside for the right, business minded owner. Key relationships are in place for major expansion.

Owner willing to remain on board under agreed upon conditions. All details on this opportunity will be provided with a signed Buyer Qualification Profile and Non-Disclosure Agreement.

About the Business

Year Established:
2007
Number of Employees:
49 FTE
Real Estate:
Leased
Building Sq. Ft.:
5,000
Rent:
$4,167.00 Per Month
Lease Expiration:
1/31/2024
Facilities:
Leased 5,000 sq. ft. facility with flexible landlord
Market Outlook/
Competition:
Colorado is booming and the growth is projected to continue for the foreseeable future. Denver was recently listed as the #2 city in the U.S. to live in and Colorado Springs was listed as #3.
Growth & Expansion:
There is more work available to this company than they can handle due to its key relationships and quality of service.
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About the Sale

Reason For Selling:
Business has grown beyond current owner's ability to manage it.
Training/Support:
Current owner is willing to stay on and will work with a buyer to ensure a successful transition.

Listing Info

ID:
1625209
Ad Detail Views:
0

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Business Listed by

Brian Mueller

Sunbelt Business Advisors - Denver
License# IA4000731

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U.S. Census Data for Adams, Arapahoe, Denver and Jefferson Counties, CO
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Source: Decennial Census (2010), United States Census Bureau.

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