Electrical Contractor in High-Growth Market (Non-Union)
| Cash Flow: | $709,000 |
| EBITDA: | $783,000 |
| Gross Revenue: | $4,500,000 |
With over two decades of operational excellence, the Company is a multi-state, premiere electrical contractor specializing in commercial, industrial, government, and residential work. The Company generally completes hundreds of smaller projects each year, coupled with 2 to 5 larger projects. Broad project capabilities include: electrical, low voltage, infrastructure, maintenance & service, green energy, and design-build.
INVESTMENT APPEAL
• Superior Name and Reputation: The Company enjoys a long-standing reputation for quality services and superior customer support. The Company is well-known for its expertise on meeting the needs of complex, fast track projects.
• Increasing Revenue and Decreasing Operating Expenses: The Company’s revenue increased at a CAGR of 60.8% during the historical period. Operating expenses decreased as a percentage of sales from 39.7% in 2021 to 18.7% in 2023. Profitability (adj. EBITDA) increased from 5.2% in 2021 to 16.1% in 2023.
• Backlog of Signed Contracts: Management indicates the Company maintains an approximate backlog of $1,900,000, which may increase as new projects are bid.
• Management Will Remain through Transition: Management is willing to remain through the transition period, in order to preserve operational cohesiveness.
