Exciting Electrical Contractor

Not Disclosed, PA


Asking Price: Annual Revenue:
Not Disclosed $20,558,605

Services: Utilities: Electric, Gas, Water, Sanitary


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RE: Exciting Electrical Contractor Broker: Michelle Seiler Tucker

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $20,558,605
Net Profit: Not Disclosed
Cash Flow: $7,286,335
Total Debt: Not Disclosed
FF&E: $3,480,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 70
BBN Listing #: 856153282
Broker Reference #: 6750

Email or Print Listing

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Business Overview:

Business Summary:

This very profitable electrical contracting company offers a wide variety of services, including electrical, mechanical, industrial, and engineering services. Their commitment to customer satisfaction and wide array of services allows them to win more jobs and complete a larger share of bids won at attractive margins. They have experienced rapid growth and continue to improve operations making this a very profitable company. The Company has a strong, committed management team in place that allows the company to operate largely independently of the current owner.

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Property Features and Assets:

The Company operates from two facilities, each has a combination of high bay warehouse and office space. They both have loading docks and drive-in doors which is great for the Company’s current application. The buildings fit the Company’s current needs perfectly with plenty of room for expansion. One building has solar panels on the roof and two electric vehicle charging stations outside, which serve as great educational tools for customers.

Market Competition and Expansion:

Competition:They are one of the largest electric contractors in the area and have stellar customer relationships. They outcompete their direct competitors in both price and quality of work/service. Their expanding services allows them to perform work their competitors would have to outsource and allows them to capture a greater share of each job. Industry Overview: Companies in this industry install and maintain electrical wiring and equipment. Major companies include Bergelectric, EMCOR, IES Holdings, MYR Group and Rosendin Electric (all based in the US). Electrical contractors worldwide depend on construction activity as well as demand for renovation. The global volume of construction is forecast to grow by 85% to $15.5 trillion by 2030, according to a report by Global Construction Perspectives and Oxford Economics sponsored by PwC. The largest construction markets -- the US, India, and China -- are expected to account for 57% of global growth. As per Research and Markets' report, the APAC is anticipated to remain as the largest construction market through 2023, driven by the growing urbanization and increase in expenditures on infrastructures and affordable housing projects. The US electrical contracting industry includes more than 70,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of more than $170 billion.Growth & Expansion:The Company has recently started new service lines that continue to be developed and grown. Additionally, management has identified profitable opportunities that have not yet been pursued that would further support the growth of the company.

Reason for Selling:

The seller wants to pursue other business interest

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.

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