Electrical Contractor - Full Service Company For Sale
Location Virginia,United States
Asking Price Range $250K - $500K
Gross Revenues $2200000
Net Profit / Cash Flow $328000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1950
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description This full service electrical contracting company has been in existence for over 50 years and services residential, commercial, industrial, and institutional customers predominately in the Southeastern portion of the United States.
Over the past 15 years, they have specialized in performing electrical projects related to the growing healthcare industry, specifically independent and assisted living, and nursing homes.
Annual revenue for years 2008-2011 have averaged $2.2M, with average Sellers Discretionary Earnings of $328K.
The seller is interested in retiring, but will work with a new owner/manager through a reasonable transition period. This is an excellent opportunity for a strategic buyer or a financial buyer with interest in expanding their market segment.
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