Profitable and Growing Electric Contractor Company (17576)

ConstructionFor Sale in CO

Listing ID: Profitable and Growing Electric Contractor Company (17576) | Broker Listing ID: BLP820139

Financial & Assets Details

Revenues: $1,714,469

Cash Flow: $308,701

FF&E: $75,000

Inventory: $8,803

Inventory Inc. in Price: Yes

Square Feet: N/A.+/-

About the Business

Home Based: Yes

Relocatable: Yes

Year Established: 2002

Employees: 8 nonunion

Seller Financing: Yes

Business Description

Revenues have tripled over the past three years! Home-based, north of Denver, Colorado, the company is a long-standing, professional full-service electrical contractor for businesses surrounding the Colorado area. The primary product and service lines include the design, build, implementation, and service of commercial (70%) and Residential (30%) electrical systems. The company operates out of a home-based location, which allows for greater flexibility, cost savings, and outside contracting for additional revenue generation. Since its inception, the company has grown exponentially, with the majority of its revenues coming from repeat business and strategic market capitalization in its geographic market. The customer base consists primarily of commercial building contractors, construction companies, and residential accounts including individual homeowners. The company has a proven track record, staying ahead of market trends, new technologies, and changing trends in the fast-moving world of electrical technology systems. The company is also capable of providing repair services to its installations, and through service-level agreements, to both contractor and commercial customers. They maintain an even higher presence in the market by providing repair services. In 2018, the total revenue was $1,714,469 with Seller’s Discretionary Earnings of $308,701. The company continues to have strong revenue growth and profits year after year and shows no sign of slowing down. The ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has attributed to their continued success. There are many opportunities presented for new ownership to continue growth with minimal capital infusion.