High-end Electrical Contractor Business for sale

Florida
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Asking Price:$625,000
Gross Revenue:$1,065,000
Established Year:1999
Cash Flow:$291,000
Inventory:$5,000
BUSINESS DESCRIPTION

Electrical contractor providing high-end repair and installation services in high-growth county in Southeast. With a focus on exceptional service and fairness, it operates from a well-equipped fleet of vehicles. As one of only three high-end service providers, this company has a number of expansion opportunities including generators, low voltage “smart home” installations and expansion into multiple counties. With 25 years of delighting customers and backed by a loyal team, this company is wellpositioned to maintain its durable income from “repair and replace” service while continuing to grow its customer base as the high-end residential market expands. With a stellar reputation and perfect Google rating, its customer base is primed for targeted marketing efforts, by introducing digital campaigns and driving an online presence. With a solid backlog of business through 2024, this is a unique chance to acquire a reputable electrical contracting business that's primed for expansion, built on excellence and customer satisfaction.

Company Highlights
Impressive customer return rate
Experienced technicians
Successful intern program
Well-positioned to serve a growing county

Financial Highlights
Steady revenue and EBITDA over 3 years
Strong gross and net margins
Secure backlog of business into 2024

Growth Opportunities
Increase market penetration by facilitating customer acquisition through digitizing back office and
establishing an online presence with outbound marketing.
Extend product offerings by leveraging existing customers to provide additional services including
generators and low voltage/Smart Home installations.
Grow organically by adding more trucks, interns, and technicians


DETAILED INFORMATION
Location
Florida
Inventory
Included in asking price
Employees
8
Competition
Electrical contractor caters to the high-end of the market with construction of new custom homes, retrofits of existing homes, and service/repair for high-end customers. Few other contractors serve this end of the market.
Growth & Expansion
More trucks and techs to support more business across a wider geography Increase marketing, currently word of mouth Build-out low voltage Smart Home and generator business, leveraging existing customer base
Reason for Selling
Seller retiring
Home-Based
This business is Home-Based
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Jerry
Butz
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Jerry Butz