Electrical Contractor For Sale
Not Disclosed, PA Allegheny County
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- RE: Electrical Contractor For Sale
- Contact: William Ilgenfritz
Quick Facts
| Asking Price: | $2,100,000 | |
| Annual Revenue: | $9,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $813,279 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2009 | |
| Employees: | 16 | |
| BBN Listing #: | 951736 | |
| Broker Reference #: | 2604-18491 |
Business Overview:
Thriving Electrical Contracting Business!
A fantastic opportunity to acquire a booming electrical contracting business with a solid reputation and growing demand! This well-established company specializes in providing high-quality electrical services to residential, commercial, and industrial clients in Allegheny County, PA . Founded in 2009, the company has built a strong reputation for quality workmanship, reliability, and customer satisfaction in the region They have developed a loyal client base over the years, including homeowners, businesses, property managers, and construction firms. The company offers comprehensive electrical services, including installation, maintenance, and repair of electrical systems, lighting, wiring,and more.
The company consists of skilled electricians and technicians with extensive industry experience and a commitment to delivering superior service. Relationships with reputable suppliers ensure access to quality materials and competitive pricing, enhancing profitability.
The current owners have decided to pursue other business interests and are seeking a qualified buyer who can continue to build on the company's success and capitalize on future growth opportunities. The owners are willing to provide a transition period to ensure a smooth handover and familiarization with operations.
Interested parties are invited to contact us to receive further details and arrange a confidential discussion. A signed NDA will be required prior to the release of any sensitive business information.
Contact the Seller:
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Property Features and Assets:
The company's office space is a 1,600 square foot space with an external 300 square feet storage unit outside for equipment and tools.
Market Competition and Expansion:
"Over the next five years, electricians' revenue will likely grow at an increasingly wavering and slow rate. To combat inflation, the Federal Reserve will continue rising interest rates, which has collapsed the housing market and continues to slow nonresidential construction. Electricians will still find some work in sustained renovation activity and green energy upgrades. Still, anxiety over skilled labor shortages and supply chain disruptions will persist over the next five years, limiting industry profit. Yet, electricians' revenue is expected to increase at a CAGR of 0.9% over the next five years, nearly surpassing a quarter trillion dollars to reach an estimated $249.7 billion in 2028."
Through projections, company is expected to grow 200% in revenue in 2 years.They are projected to to have 25% growth this year.
Reason for Selling:
Owner is retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Pennsylvania businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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