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Electrical Contractor - Commercial New Construction

Charleston County, SC
Electrical
Asking Price:$16,000,000
Gross Revenue:$7,700,000
Cash Flow:$4,100,000
Established Year:1995
Listing ID: 2298542Listing provided by BizBuySell
BUSINESS DESCRIPTION

Founded in 1995 and headquartered outside of Charleston, the subject business provides electrical contracting focusing on large commercial projects (six and seven figure contract amounts) with a core group of general contractors for municipal, military, and commercial new construction. New residential construction is less than 10% of gross revenue. Service work is virtually nonexistent.

A strong pipeline of work and a long tenured staff make this business an attractive acquisition target for an existing operator looking to expand their footprint.

The business routinely achieves high profit margins that will prove out in due diligence.

The seller is the holder of the Class 5 – Unlimited license. The buyer will need to provide their own license. A prospective buyer having a viable solution on this issue is of critical importance to the seller before in-depth discussions can take place.

Full information package available for qualified buyers. Contact broker for NDA and additional information.

DETAILED INFORMATION
Location
Charleston County, SC
Inventory
Not Included in asking price
Employees
11
Growth & Expansion
While their GC's work across South Carolina and the southeastern U.S., the seller restricts their operations to one region of South Carolina. A natural opportunity for growing the geographical relationship with the GC's exits for the acquiring party.
Support & Training
Seller will provide the necessary transition assistance customary with a transaction of this type.
Reason for Selling
Retirement from Electrical Contracting
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Scott
Hopper
Charleston Business Brokers
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Scott Hopper
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