Heavy Line Commercial Utility Contractor Business

Business Overview:

With over 40 years of extensive experience in the Intermountain West, this Company stands as the premier, certified, and licensed vendor for large-scale high-voltage electrical installations across residential, commercial, and industrial projects. Their reputation precedes them, with developers, municipalities, and government entities consistently turning to them for even the most challenging undertakings.

Renowned for their history of excellence, exceptional communication, and unwavering integrity, this Company continues to be the partner of choice for those seeking superior technical expertise and in-house design/build capabilities. Their dedicated, tenured staff ensures that every project is executed with precision and reliability.

As their 2024 pipeline exceeds previous revenue milestones and they secure certification as an EV station installer, this Company solidifies its position as the industry leader. Their commitment to delivering innovative solutions tailored to their clients' needs remains unwavering, ensuring that they continue to set the standard for excellence in the electrical industry.

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Property Features and Assets:

Company's leased facilities are well-equipped and spacious, comprising over 2,000 square feet of office space and an expansive warehouse spanning approximately 15,000 square feet. The warehouse is designed to expedite efficient material staging, storage, and maintenance, allowing the organization to easily monitor inventory levels and access necessary items for their projects. 

Assets = $1,785,000

Market Competition and Expansion:

Although there are other local contractors doing similar types of work, few rivaling businesses possess the capability and capacity to handle the diverse array of projects this Company routinely tackles. They have a diversified their revenue streams by working directly with privately owned projects, and having the licenses and certifications to work with local municipalities, government entities and the DOT. 

Company's growth opportunities are substantial, despite receiving numerous requests to bid on projects, Company is currently unable to address even 10% of the pool of qualified projects, exemplifying the substantial untapped potential to strengthen their existing foothold in the market. Overcoming the limitations in estimating and project management work by onboarding a larger team presents a clear path to major expansion for the Company.

Reason for Selling:

Retirement.

Additional Details:

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