Listing Number: 24876-680104
Description
•Revenue stream is diversified, with commercial electrical contracting making up 70% of revenue, design-build projects contributing 15%, and service work accounting for the remaining 15%.
•Proven leader in the commercial electrical contracting industry, offering comprehensive services tailored to various industries and sectors.
•Expertise extends to the installation of advanced security systems, including CCTV cameras, access control systems, intrusion detection systems, fire alarm systems, intercom systems, and generators.
•Extensive experience in commercial electrical contracting, with a proven track record of successful projects –including a healthy backlog year after year.
•Established reputation for excellence and reliability, with almost half a century of industry experience.
•Trusted by clients and partners alike for commitment to quality and professionalism.
•Real Estate is available for lease or for sale (not included in listing price); owner-occupied.
•Located amidst significant economic and industry growth, offering ample opportunities for expansion both organic, adding service lines, and via acquisitions.
•Seller is seeking to monetize, and a path to phase-out and retire, but will most assuredly, serve in a transition to assist in hopes of a seamless transaction with employees, customers, licensing, and ongoing projects.
Listing Details
- Price: $ 1,750,000
- Down Payment: $1,400,000
- Sellers Discretionary Earnings: $ 440,000
- Total Sales: $ 3,420,000
- Location: Mobile County, Alabama
- Inventory: $ 60,000
- FF&E: $ 200,000
- Employees: 20
- Year Established: 1972
- Reason for Selling: Retirement
- Category: Construction
