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40 Year Electrical Contractor For Sale

Fairfax County, VA
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Cash Flow:$3,700,000
FF&E:$71,000
Gross Revenue:$19,000,000
Established Year:1983
Listing ID: 2296038Listing provided by BizBuySell
BUSINESS DESCRIPTION

Life Style Founder for Sale, B2B only

This a very profitable, niche, union, electrical contractor. Had been a full service electric contractor in the $27mil, $28min Annual Revenue company. With Covid, decided to scale back to an $18mil - $20mil Annual Revenue company in a particular niche. Had been a "metro" geographic company. Since Covid, concentrates on just 2 counties. This is a "managed profitabilty", "life style" company. Total Owner + President annual compensation (2 people total) $2.2mil. Capable of significant, profitable, growth for the righ buyer: Strategic Add-On or Growth Oriented Entrepeneur w needed acquisition and growth capital. This is a once in a 2 generation opportunity. CPA Reviewed Financials w Notes. Cash Flow $ below = Adjusted EBITDA.

ATTACHED DOCUMENTS
md word 5991 (v11) Electric eAnnounce Teaser, 1 Oct 2024.docx.docx Download
DETAILED INFORMATION
Location
Fairfax County, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
16,900
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
14,700 office space on 2 levels + 2,241 warehouse w 22' high ceiling for lease to Buyer
Competition
Market Excellent. Competition: Wins electric contractor work from a cadre of ~ 8 GC's. Buildout including increasing SCIF work in existing buildings, not new construction.
Growth & Expansion
Excellent growth opportunities for a growth buyers. This is a "managed profitability" and 'lifestyle" company that strategically generates $18mil - $20mil annual revenue. Talk to us about why this is and how to grow Revenue and Profits.
Financing
None
Support & Training
As needed and negotiated.
Reason for Selling
Founder, Owner want to retire
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Taylor Devine
Phone Number
Taylor Devine
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