Commercial Electrical Contracting Firm
Relocatable, NC New Hanover County
Commercial Park
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- RE: Commercial Electrical Contracting Firm
- Contact: Jeff Snell
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $6,009,895 | |
| Net Profit: | $1,399,660 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $520,500 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 22 | |
| BBN Listing #: | 33066351 | |
| Broker Reference #: | ELECTRIC5 |
Business Overview:
This North Carolina based business is a reputable and well-established commercial electrical services firm. With a proud history of over three decades, they have earned a stellar reputation for providing top-notch electrical solutions to commercial clients.
Their team of highly skilled and licensed electricians is committed to delivering exceptional workmanship, ensuring safety, efficiency, and reliability in every project they undertake. Whether it's electrical repairs, installations, or maintenance, the business excels in delivering personalized and cost-effective solutions tailored to meet the unique needs of its clients.
The company maintains gross profit margins, SDE and adjusted EBITDA profit margins higher than the industry average. The business currently has over $3,000,000 in contractual backlog and an additional $4,500,000+ of outstanding quotes/RFP’s. 2024 gross revenue is expected to approach $7,000,000.
As a trusted local company, they are dedicated to maintaining the highest customer service standards and have become a go-to choice for anyone seeking quality commercial electrical services in the central Southeast area.
There is an additional ~$180,000 of inventory at cost that will be in addition to the purchase price.
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Property Features and Assets:
The business operates from a commercial business park with easy access to the major thoroughfare available for lease or purchase.
Market Competition and Expansion:
The company has a steady flow of projects and maintains a backlog equivalent to approximately 6 months of work.
Reason for Selling:
True RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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