Owner Financing is Available!
Business Overview:
Full-service electrical contractor specializing in new construction, design-build services, renovation projects, tenant improvements as well as maintenance and repair services. In the pursuit of further growth and profit, may find the following attributes appealing: Company Highlights: Provides design, engineering and construction services to multi-family residential, commercial, industrial and institutional market segments across Virginia, the District of Columbia and Maryland.
Maintains a base of approximately 30 active customers that includes well-regarded national contracting firms such as Turner Construction Company, Skanska Group, Balfour Beatty, HITT Contracting, Whiting-Turner Construction Co. and Grunley.
Since inception, high-quality services have distinguished the company from its competitors. Management's hands-on approach and CADD-engineered layouts ensure that projects are carried out efficiently and effectively. In addition, shop prefab of many subsystems offers a competitive advantage. The company's employees are non-union. The company's managers are committed to remaining with the firm for an agreed-upon period following a sale to help achieve its pro forma objectives.
The company is listed in the Washington Business Journal's Top 25 Electrical Contractors in the D.C. metro area, ENR's Top 600 Specialty Contractors and Mid-Atlantic Top 75.
Exceeded $22 million in revenue and approximately $2.7 million in EBITDA during 2009. Revenues of $16.2 million are projected for 2010 before returning to 2009 levels.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The company's managers are committed to remaining with the firm for an agreed-upon period following a sale to help achieve its pro forma objectives.
Market Competition and Expansion:
High-quality services have distinguished the company from its competitors. Management's hands-on approach and CADD-engineered layouts ensure that projects are carried out efficiently and effectively. In addition, shop prefab of many subsystems offers a competitive advantage. The company's employees are non-union.
Reason for Selling:
Succession and eventual retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: