$499,000
Business Type: Construction / Contractor Electric, Construction / Lighting Contractor
Construction / Contractor Electric, Construction / Lighting Contractor
·
Over $1.2MM in sales
·
Over $400K owner benefit
·
Jobs lined up through 1Q23
·
Turning down work
Calling all contractors. Increase your sales now by $1.2MM
The business is Open, Operating and Sales are Up already in 2022!
Very successful electrical contracting business for sale in New Jersey. The
business specializes in the design, installation and maintenance of electrical
systems in homes plus some commercial buildings. Established in 1991, the
company has been an industry leader for 30 years. Their revenue is derived from
90% project-based and 10% maintenance work.
This is a Turnkey Operation with work scheduled for the next 10+
months. Sales have had steady growth each year and are up in
1Q21. The profit margin has improved as well and is currently over 25%.
The company is at capacity and is turning jobs away. A new owner could
grow another 20% by adding 1 more mechanic with no CAPEX.
The business has a team of dedicated tenured employees. This Committed
Workforce will stay with new owner. The average job size is in excess of
$20,000 and the company is on 2 - 3 jobs at any given time for approximately 40
jobs per year.
Over the past several years, the owner has made a conscious decision to
instill well-defined systems and processes to help increase the efficiently of
the business. The business runs as a turnkey operation and the owner is in the
field daily but as an overseer and focuses on long term strategic goals as well
as quality control.
Many of the customer and supplier relationships are not controlled/managed
by the owner but are maintained through the lead mechanics.
For inquiries or to get in touch with us directly, please feel free to reach out via the provided phone number or complete the form below. We’re here to assist you in any way we can, making your business exploration as seamless as possible.
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