Turnkey Opportunity on the Front Range
| Asking Price: | $375,000 |
| Gross Revenue: | $621,190 |
| FF&E: | $34,629 |
| Cash Flow: | $359,964 |
| EBITDA: | $304,919 |
| Established Year: | 2005 |
Highly reputable electrical contractor serving the Pikes Peak area for the past 15 years. Their primary focus is designing, installing, and servicing electrical systems from 12V to 480V. On average, they complete over 100 jobs annually, focusing primarily on residential customers, who comprise 75% of the business. HVAC-related matters make up 50% to 75% of that. The remaining 25% of the revenue comes from commercial jobs. The Company's excellent reputation for quality work, honesty, and integrity has reduced their need for extensive marketing efforts to just business cards and referrals. They have approximately 400 names in their database w/ many loyal repeat customers.
This is a great opportunity for a young electrician or an experienced electrical contracting firm to enter this turnkey opportunity and have an immediate presence on the Front Range in Colorado.
Asking price is based upon 2022 performance, 2023 is an outlier.
