Fast Growing Multi-Location Electrical Company (17726)
ConstructionFor Sale in MO
Financial & Assets Details
About the Business
With a strong management team in place and 2021 projections of $2,300,000 sales and $800k Seller’s Discretionary Earnings (SDE,) this electrical contracting company is growing rapidly by strategically acquiring new customers in two popular, high-growth regions. Located in Southwest Missouri, near Table Rock Lake, this company provides residential (new construction and multi-unit housing) and commercial electrical construction and maintenance and repair with service level agreements. From a leasable $5,000 Sq. Ft. facility, primary services include the design, build, construction, repair and maintenance of electrical systems. The company also maintains relationships with large commercial entities, includin a manufacturing company and a food processing company. Currently, the company is on an upward revenue growth trajectory, showing fast recovery from the COVID-19 pandemic in 2020. Due to this recovery, the company is pacing at a 50% revenue increase over 2020, now holding 18 employees from 13. With its wide range of capabilities, the marketing efforts focus on targeting repeating business utilizing its quality service model to maintain relationships via word of mouth, internet marketing, outdoor advertising, and sponsorships. In 2020, the total revenue was $1,565,000 with SDEs of $344,000, rounded. The company continues to have strong revenue growth and profits tripling in the last three years with no sign of slowing down. The business is flexible for a more absentee role or new ownership looking to take the company to the next level with several growth opportunities that are available, including those with minimal capital infusion. Call today, this opportunity won’t last long!
Negotiable up to 20% for the right buyer.
Absentee Ownership Possible!
Support & Training
Available for a smooth Owner Transition period.
Reason for Selling:
Approaching retirement and/or pursuing other interests.