Electrical Contractor: Recurring Revenue in NC & VA! (17986)
Asking Price: | $1,200,000 |
Gross Revenue: | $1,780,840 |
EBITDA: | $319,486 |
Real Estate: | $500,000 |
Cash Flow: | $409,109 |
Inventory: | $350,000 |
FF&E: | $400,000 |
Established Year: | 1982 |
Located in the triad of North Carolina, servicing both Virginia & NC, with a history of market command in several states!
Specialized in comprehensive electrical installation & maintenance to high margin of industrial, commercial, & agricultural customers.
Advanced LED lighting solutions, extensive machinery wiring, relocations, and robust power systems for switchgears or MCC preventions!
Currently focused on maintenance and recurring revenue, Sales would triple with renewed focus on installations!
Able to reach Sales of over $3.4 Million in a year, Revenues totaled $1,780,840 in 2023 alongside Discretionary Earnings of $409,109.
Run from two warehouse locations measuring 6,000 square feet, property and equipment are in place to grow business significantly!
Scaling back due to approaching retirement, owners agree to standard transitioning, employees to remain post-purchase, and streamlining opportunities are possible!
Well respected by clientele and subcontractors!
Receiving most traffic from verbal referrals, active website & social media promotion showcases services, with room for maximization.