Industrial Electrical for Public Works

Not Disclosed, OR

Eugene Oregon

Asking Price: Annual Revenue:
$2,200,000 $2,460,391

Services: Construction, Contractors

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RE: Industrial Electrical for Public Works Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $2,200,000 Buyer Down Payment: $95,000 Seller Financing: $142,500 Bank Loan: $712,500 Bonding Funds Needed: $1,250,000* *Cash and/or net worth must equal $1,250,000

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $2,460,391
Net Profit: Not Disclosed
Cash Flow: $611,499
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1967
Employees: 9
BBN Listing #: 119234398
Broker Reference #: SER060

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Business Overview:

A down payment of $95,000 returns $467,260 in the first year after debt payments! For generations, this electrical company has been serving 5,500 commercial and industrial clients within a 150-mile radius of their location with excellent electrical services. Their team of nine includes (3) Journeymen, (2) Apprentices, (1) Service Manager, (1) Equipment Manager, (1) Shop Manager, and (1) Specialist. This electrical company holds over 342 building permits for commercial, government, and service properties. The current owner does no labor and oversees the daily operations. With a staff of 9- you do not need to be an electrician to own this service business!

Established over 50 years ago, this dynamic company completes work throughout Western Oregon and Northern California. They earned over $2.3MM in revenue in 2018 and over $2.4MM last year and continue to grow. With over $180,000 in assets, the company is well prepared for daily operations as well as continued growth! The main goal of this team is to provide high-quality services with integrity for the community they know and love. Services include upgrades, retrofits, sign repair, and everyday troubleshooting.

On the cutting edge of renewable energy, this business also understands planning for energy efficiency as well as back-up or off-grid power needs. Technology includes micro-hydro, solar, and back-up generators. The current owner is willing to stay on as a supervisor for up to 4 years.

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Property Features and Assets:

Equipment: $139,772: Furniture, storage, tools & materials Vehicles: $137,955 A/R: $30,000 Intangible Assets: Wide range of services, well-respected, and diverse client base.

Reason for Selling:

Retirement Planning

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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