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Asking Price: $200,000

Essential Electrical Repair Business in Newark

Newark, NJ
Essex County

This well-established, well branded electrical installation and repair business shows no signs of slowing down. The sale price includes (2) service vans plus an extensive equipment package. The local business serves a very large and protected territory; 80% of sales is residential; 20% is from commercial accounts. This is a proven legacy and generational business for the new owner. With an incredible 27% “year over year” revenue growth this business is literally taking off. The parent franchise fully supports its local units in fact the corporate office conducts interviews to hire, even the master electricians needed. Now, you can hire people for character and “culture fit,” and develop their technical skills on the job. The new owner will also get access to a host of discounts and rebates to put them ahead of the competition through our corporate partnerships which gives the owner the benefit of national buying power. The electrical market is in high demand and expected to exceed more than $11 Billion by 2024. The demand for work in this sector is projected to grow faster than the average for all trades over the next 8 years. No prior electrical experience needed. No Licenses Needed. Full training and transitional support will be included with this sale.Additional Features Include:• Needs-based /recession proof• High scalability• Multiple revenue service lines / revenue streams• Recurring customer base• Superior customer service ranking and referrals• Large service area with more room for development of new business• High profit margin / Predictable incomes

Cash Flow $323,000
Revenue $1,680,000
$ Owner Financing Available

Asking Price: $3,350,000

Electrical Contractor (#22685)

Not Disclosed, NY
Nassau County

This business does Electrical Construction projects for both new and renovations. They work with all types of buildings such as private schools, apartment complexes, residential, industry, core & shell, and retail. They specialize in fire alarm systems, low voltage systems, IT, AV, and security systems. They can handle drawings, large estimated projects, and design system VE review.The business keeps an office both locally and in NYC. Most electricians, technical staff are on site at job locations each day. Long term projects are the norm.Owner is looking to sell in to a larger electrical contractor or a commercial construction private equity firm to match the owner's ambition for growth. Owner wants to stay on and manage the division or business going forward. Excellent opportunity to acquire a growing electrical business with great clients and fully staffed for expansion.The owner holds an electrical and fire alarm license for the company. The business services are new construction, tenant fit outs and schools, plus service work. This business is the go-to electrical contractor for large building projects with their clients.This business is poised to continue growing and is looking for a Buyer group to add the resources needed to take the business to the next level. Tremendous opportunity for growth. If you are a construction company or equity group in this industry then you need to review this memorandum.

Cash Flow $918,715
Revenue $5,341,789

Asking Price: $14,250,000

Electric Firm with Focus on Infrastructure

Not Disclosed, WA
Not disclosed

This electrical firm is engaged on industrial and government and municipal projects, where the “direct client” is a General or Prime Contractor. The expertise of the electrical firm is in designing, installing and maintaining above and below ground public transportation systems such as commercial street cars, and traffic lights. They are boasting over $39,000,000 in Backlog, spanning over 22 different projects. Serving the Pacific Northwest, with 3 strategically located offices in Washington and Oregon their team of over 60 is large enough to have multiple jobs with several crews simultaneously. Due to the recently passed US Infrastructure Bill, this business will grow significantly in the near future as $66 Billion dollars have been set aside for transportation infrastructure work in Washington and Oregon! The purchase of this business comes with over $5M in assets including $1.7M in vehicles, $600,000 in equipment, along with working capital of $2.7M ! The senior leadership includes a CFO, VP, a Superintendent and a Director of Project Management. The staff is robust with 5 PM’s, 17 Electricians, 7 Admin plus railroad maintenance, equipment operators and warehouse labor.This team allows the Owner to take extended vacations and time away from the office, where it runs like a well-oiled machine!The owner is looking for a strategic growth minded buyer to scale this business to new heights and plans on staying with the business for 3 years after the sale; his ongoing salary has been accounted for in the Cash Flow Analysis.Priced at $14,250,000, the seller is willing to finance 10% of the purchase price in addition to an Equity Roll of 20% to show good faith in the ongoing success of the company. 70% Cash at close will return $1,750,522 in the first year after debt payments!

Cash Flow $3,004,131
Revenue $23,831,713
$ Owner Financing Available

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