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Listing ID: 3127939

Commercial Electrical Contractor #1979 For Sale

Wisconsin, United States

not disclosed

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: $ 5,666,430

Cash Flow: not disclosed

Business Description

For over 20 years, this company has been providing efficient, high-quality electrical contracting services in Wisconsin. The company provides a complete range of electrical services to the commercial / industrial market. Its project portfolio includes schools, municipal safety buildings, clinics, retail shops, restaurants, and light industrial facilities.

They have a team of 8 master / journeyman electricians, none of whom are nearing retirement age. Most team leads are capable of cultivating young talent and taking on larger work crews. This is a non-union shop, and all electricians are ABC trained.

Over the years, the company has built a reputation as an efficient, high-quality electrical contractor. The company has the ability to choose its own jobs, engaging only in limited-invite bids with its established base of repeat customers.

At the midway point in 2019, the company has a backlog potential of about $5 million with one project being two years with $2 million in upside revenue. Profit margins remain consistently above average, at 31%-33% over the last four years.

The company has built a culture of employee appreciation that keeps skilled talent in house. This is an opportunity to acquire one of Wisconsin's most sought-after electrical teams and the well-established customer base of general contractors who rely on them.

Property Details

Years Established:

Established in 1997

Property Type:

Real

FF&E:

$ 775,000

Inventory Value:

$ 125,000

Real Estate Value:

$ 325,000

Other Details

Competition:

Exploding market with tremendous opportunities available for continued growth

Expansion Potential:

Backlog into 2020 estimated at $5 to $7 million.

Operation Details

Employees:

26 FTE and 3 PTE

Support & Training:

Owners will provide for smooth transition

Relocatable:

Business Relocatable

Miscellaneous

Financing Available:

Yes
Seller financing available to qualified individuals

Reason For Selling:

Retirement

Contact this seller

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