Full-Service Electrical Contractor with Recurring

Description:
The company is a full-service electrical contracting firm specializing in quality electrical installations, service, maintenance, construction, and design-build. The company primarily performs installations of systems including power and lighting, communications, data, fire alarm, nurse call, intercom, CCTV, and CTV.

Key Aspects:
• Average gross profit margin of 65.4% from 2020 to 2023
• Average revenue of $1.5M from 2020 to 2023
• Adjusted EBITDA margins have averaged 13.9% from 2020 to 2023
• Large fleet of equipment in very good condition
• Generates approximately $250K of revenue annually from its maintenance contracts
• Excellent reputation with over 35 years of electrical services experience
• Highly recognized in its market for superior customer service and high-quality work

Opportunities:
• Capitalize on the company’s large fleet of equipment
• Expand geographic reach to increase market share
• Utilize technology to increase productivity such as design-build modeling systems and mobile devices
• Implement strategic marketing plan to accelerate continued growth
• Diversify service offerings to attract additional clients

Headquartered:
• Southeast US

Current Markets:
• The company serves commercial (85%) and residential (15%) markets throughout the Southeast. The company has completed projects across various industries including medical, leisure, food & beverage, government buildings, and more.

Real Estate:
• The company operates from a 3,000 sq. ft. facility leased from an unrelated third party. There is room to grow in the current facility.

Shareholder Ownership:
• The company is equally owned by two shareholders who are active in the business. They believe the company is in a position where new ownership can take advantage of the growth opportunities in the industry. Both shareholders are seeking to retire; however, are willing to remain with the company for a transition period, if needed.