Full Service Midwest Electrical Contractor

Council Bluffs, IA (Pottawattamie County)
Asking Price: On Request
Business For Sale Details
Listed on Aug 12, 2021

BUSINESS HIGHLIGHTS
The Company specializes in providing full-service and turnkey electrical contracting services, focusing on commercial and industrial projects. The Company also offers limited refrigeration solutions. The Company operates through two internal profit centers: large-scale open market projects (90% of 2019 revenue) and small negotiated contracts (10%).
Due to its broad in-house capabilities, the Company’s professional and certified teams are committed to providing the best and most cost-effective solutions to its customers

COMPANY STATS
24 yrs of operations
75% repeat business

GROWTH OPPORTUNITY
Hire additional employees
Develop sales & marketing
Geographic expansion

INVESTMENT APPEAL
Strong Revenue Growth - The Company’s revenue increased from$530,000 in 2017 to $2.3 million in 2019, an historical compound annual growth rate (CAGR) of 109.6%. In 2020, the Company's revenue is expected to reach $2.7 million or 16.0% growth over 2019.

Increasing Profitability - Adjusted EBITDA, a key indicator of financial performance, increased from $67,000 in 2017 to $172,000 in 2019. In 2020, the Company's EBITDA is expected to reach $365,000 (13.5% of sales).

Broad Capabilities and Service Segment - The Company employs professional industry experts and qualified apprentices. The Company is equipped to handle jobs from small commercial repairs to new system installations. Projects include complex large-scale electrical work in commercial buildings, institutional facilities, and industrial complexes. Overall, projects range in size from under $20,000 to more than $1 million .

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Financials (USD)

Asking Price Not Disclosed

Cash Flow Not Disclosed

Sales $3,000,000

Deal Terms

Represented by broker? Yes

Buyer Fee? Yes

Seller Financing? Available On Request

Willing to co-broke? Yes

Principals only? No

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? Yes

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