Texas Acquisition Opportunity - Commercial Electrical Services Company

Brentwood Growth has been retained to represent an established and growing Electrical Services business that provides commercial and light industrial services in the Dallas/Fort Worth Metropolitan region.
 
Company Profile
The Company is located in the Dallas/Fort Worth Metropolitan region and was founded 36+ years ago

Customer base is primarily commercial with some light industrial

Revenues are generated from remodeling, tenant finish-out, and 24/7 electrical service

The only company within the region to perform Ultrasonic Pole Testing

No ground up new construction

Serviced 82 unique customers in 2023

The top 10 customers represent approximately 60% of total sales and all are repeat customers

Employs 8 non-union employees with long-tenured, highly capable and motivated employees in key leadership positions

Relies primarily on repeat business and word-of-mouth to generate sales 



Financial Profile

12/31/2023
Revenues - $1.095m
Adjusted EBITDA/SDE - $322k
Gross Margin - 44.7%

12/31/2022
Revenues - $1.085m
Adjusted EBITDA/SDE - $269k
Gross Margin - 40.2%

12/31/2021
Revenues - $1.075m
Adjusted EBITDA/SDE - $288k
Gross Margin - 40.3%