Electrical Contractor in Southern NH

Not Disclosed, NH

Southern NH


Asking Price: Annual Revenue:
$1,295,000 $4,494,328

Services: Construction, Contractors


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RE: Electrical Contractor in Southern NH Broker: John Coto
Owner Financing is Available!
Small amount of Seller Financing; SBA prescreened for Buyer with transferable skills.

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $4,494,328
Net Profit: Not Disclosed
Cash Flow: $441,657
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 22
BBN Listing #: 661519624
Broker Reference #: ABB437

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Business Overview:

This business is a well-established electrical contracting business in southern NH. It was started by the current owner over 30 years ago. A buyer should have the experience or transferable skills to manage multi-year, multi-million dollar commercial electrical projects. The business has averaged over $4.4 million in annual sales during the past 4 years, including in 2020. The Seller’s Discretionary Earnings has averaged about 10% of sales during the same period. The customer base is primarily located in New Hampshire and Massachusetts, and the company is also registered to do business, and has done projects, in Maine. The diversified customer base consists of hundreds of accounts that include Retail, Commercial, Academic, and Industrial accounts as well as general contractors. Their expertise includes all areas of commercial and industrial installation of power distribution systems, lighting, and fire alarm systems. The business can expand by offering services to residential accounts. Experienced and stable workforce. The business is being offered for sale due to the owner’s plans to retire. However, the owner is willing to stay on to fully transition the business to the new owner. This is an excellent opportunity for another electrical contracting business to expand into the southern NH/northern Mass market or for an individual with the necessary industry and business experience to acquire a well-established, full-service, electrical contracting business with opportunity for growth and to do so at a fair market value. For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or call 603-880-8200. Attention Business Owners: We have buyers looking for businesses to buy and not enough listings! If you are considering a possible sale or would just like to learn more about the process, please call me for an initial, confidential discussion.

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Property Features and Assets:

The business leases approximately 5,000 sq. sq. feet of office/warehouse space. Flexible lease terms.

Market Competition and Expansion:

This is a full service electrical contractor with scale to do large projects. Large enough to offer an attractive compensation plan to employees which helps with recruiting and retention. Growth & Expansion: May be achieved by: (1) through geographic expansion (2) offering services to residential accounts; (3) by increased advertising and marketing.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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