SUTHERLIN, Oregon
| Asking Price |
$2,025,000 |
Year Established |
1991 |
|
| Annual Revenue |
$2,216,821 |
Reason for Selling |
Age & retirement |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$577,424 |
Listing Number |
1017622 |
|
| # of Employees |
8 |
Business Category |
Services: Utilities: Electric, Gas, Water, Sanitary |
|
Business Overview:
This well-established electrical contractor has served customers in the Pacific Northwest for more than 35 years; with 70% being commercial. The Company provides a comprehensive range of electrical services, including designbuild work, lighting projects, backup systems, transfer panels, conduit installation, and limited data wiring. The Company has earned a strong regional reputation for quality workmanship, fair dealing, and reliable service, resulting in substantial repeat and referral business with minimal reliance on paid advertising. Projects range from service calls to complex commercial engagements. The Company operates from an approximately 3,600-square-foot office and warehouse facility that supports administration, material storage, deliveries, and project staging. The operations are supported by a team of 8 which include estimating, administrative, scheduling, and field personnel. The workforce includes a licensed Journeyman Electrician and an apprentice. The owner oversees estimate for larger commercial and design-build projects, while the team manages much of the day-to-day activity. The owner is pursuing a retirement-driven sale after more than three decades in the industry. The seller is prepared to support a structured transition of up to two years and has offered to carry 10% of the purchase price as a show of good faith in the continued success of the business moving forward. Priced at $2,025,000, this opportunity may be attractive to an established contractor seeking geographic expansion, an experienced industry professional pursuing business ownership, or an investment group supported by qualified operating management. Growth opportunities include expanding generator services, reintroducing solar work, entering coastal and surrounding markets, increasing digital marketing, and developing recurring commercial service agreements.
Property Features and Assets:
<p>Facility: 3,600-square-foot facility comprising office and warehouse space used for administration, material storage, deliveries, and operational staging<br></p>
Market Competition and Expansion:
<p>Growth Opportunities: A new owner could pursue growth by expanding generator services, reintroducing solar work, entering coastal and surrounding markets, increasing digital marketing, and developing recurring commercial service agreements<br></p>
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