Tupelo Data Room
Electrical & Mechanical
Active

N2176 Central Indiana Commercial Electrical Contractor for Sale

Indiana, United States
listing image
Asking Price$795k
Revenue$1.27m
EBITDA-
Cash Flow$270k
Description
In business for over a decade, this central Indiana commercial electrical contractor provides high quality design and installation services to their clients. Whether or not the job is big or small, this contractor works closely with the client to ensure they are happy with then end result. In fact, they provide a range of services to their clients that includes: • Design/Build • New Construction • New Service Installation • Service, Maintenance, & Repairs • LED Retrofitting Even though they only maintain a website, they get plenty of jobs. In fact, in a typical year, they complete around 150 to 200 jobs. The service mix for the jobs are 50% design/build, 35% new construction, 10% LED retrofit, and 5% service. Referrals are the main source of new clients. They serve a wide range of clients including: • Contractors • Builders & Developers • Retail & Restaurants • Schools • Government Buildings The Seller is ready to retire and transfer the business to someone who values customer service and high quality work. A new owner benefits from a team of skilled, certified technicians and untapped growth potential. The ideal new owner is another electrical contractor looking to grow. Additionally, a company in the skilled trades or in construction looking for an excellent add-on business is good fit too. Contact us today to find out more about this opportunity. Investment Considerations: • Fully Licensed, Bonded & Insured • Firm Focus on Safety • Reputation for Integrity • Strong Emphasis on Customer Service • Experienced Technicians in Place • Long-Term Client Relationships
Furniture Fixtures & Equipment
$150k
Business is
Relocatable
Number of EmployeesFull-Time: 7
Reason Selling
Retirement
Facilities & Assets
The business is relocatable. The Seller leases facility space.
Support & Training
The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Market & Competition
This business is one of the 3,837 electrical contractors in the state. In Indiana, the industry is expected to grow by an annualized 3.3% to $4 billion by 2029. The number of establishments, employment, and wages are also expected to grow. While there are competitors in the marketplace, this contractor stands out because they provide high quality services with outstanding customer focus.
Growth Opportunities
A new owner has opportunities to grow the business. These include: • Increase LED Retrofitting Sales • Add an Electrician and 4 Apprentices • Hire an Estimator/Project Manager to Bid on Large, High-Margin Jobs
Asking Price$795k