Contact Information

 

 

Electrical Contractor Business Seeks New Ownership

  • Listing# : 17137
  • Listed Price : $2,750,000
  • Total Sales : $6,647,026
  • SIC : 1731
  • Down Payment : $2,750,000
  • Status : Active
  • Discretionary Earnings : $858,972

Business Type :

Construction / Contractor Electric

Business Description :

Opportunity to take over a highly profitable commercial and residential electrical contractor business.  This Company is well balance with 60% of the revenue produced via commercial projects and 40% residential. The journeyman electricians at the Company have an average of 13 years of experience in the field with real, provable results.

INVESTMENT APPEAL
-Longstanding Business:
The Company has been around for 30 years! It is highly reputable and is well known in the industry.

-Self Sufficient Operation:
The Company has a robust management structured with highly qualified and reliable personnel. Long tenured managers and employees work independently on job sites around the Utah and surrounding states.

-Strong Client Relationships:
The Company has built an extensive customer list and good industry relationships since its inception. The customer base is loyal, which allows the Company to save marketing costs that competitors must foot, both in acquiring new customers and in obtaining repeat business from existing customers. 

-High-Caliber and High-Tenured Staff:
The Company fosters a workplace where it's extremely experienced and talented personnel are able to thrive and grow, and therefore remain long term. Most supervisors have over 12 years of experience with the Company, with many more employees having long tenures within the Company and industry.

-Strong Backlog:
The Company has developed a strong backlog in excess (and growing) of $5,123,115 of projects expected to be completed in the remaining months of 2022.







Assets/Liabilities:

    • Accounts Receivable $329,421
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $100,000
    • Incl : Yes
    • Liabilities $153
    • Incl : No
    • FF&E $803,057
    • Incl : Yes
    • Other: $72,126
    • Incl : No
    • Leasehold $0
    • Incl :
    • Total Assets $903,057
    • Incl : Yes

Lender Prequalified: No

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Construction