Description
Terrific opportunity to acquire a successful and growing electrical contractor based in New England. The Company has been going strong for over 30 years and has shifted the overall strategy to large multi-million-dollar commercial projects. Overall, the business is 80% commercial and has nearly $12 Million in contracts going into 2025. The Company is well known for its superior customer service, training, and long-term client relationships. The Company has experienced staff, and the Seller is willing to assist in the transition.
Detailed Information:
Business Price: $3,500,000
2025 Projected Revenues (contracts in place): $11,000,000
2025 Sellers Discretionary Income: $860,000
2024 Revenues: $7,000,000
2024 Sellers Discretionary Income: $677,000
Furniture, Fixtures & Equipment: $858,000 Estimate, included in purchase price.
Inventory: $20,000 Est., in addition to purchase price.
Facilities: The Company has office and warehouse space that is close to major highways with ample parking.
Competition & Growth: There are a number of competitors in the marketplace but very few with such a large, experienced team. The Seller has outlined growth opportunities in the confidential package.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Divestiture
To learn more about this business, please complete the attached NDA and email to us at info@FirstStreetbb.com. Location shown on map below is not correct due to confidentiality.