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Lucrative Electrical Contracting Firm

Quakertown, PA

Seller Financing Available

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Gross Revenue:$19,815,273
Real Estate:$4,500,000
EBITDA:$8,823,940
Established Year:2007
Listing ID: 1928722Listing provided by BizBuySell
BUSINESS DESCRIPTION

Great Opportunity

This very profitable electrical contracting company offers a wide variety of services, including electrical, mechanical, industrial, and engineering services. Its commitment to customer satisfaction and a wide array of services allows the company to win more jobs and complete a larger share of bids won at attractive margins. It has experienced rapid growth and continues to improve operations making this a very profitable company. The company has a strong, committed management team in place that allows it to operate largely independently of the current owner.

DETAILED INFORMATION
Location
Quakertown, PA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
30,500
Employees
70
Facilities
The company operates from two facilities, each having a combination of high bay warehouse and office space. It has both loading docks and drive-in doors which is great for the company’s current application. The buildings fit the company’s current needs perfectly with plenty of room for expansion. One building has solar panels on the roof and two electric vehicle charging stations outside, which serve as great educational tools for customers.
Competition
It is one of the largest electrical contractors in the area and it has stellar customer relationships. It outcompetes its direct competitors in both price and quality of work/service. Its expanding services allow the company to perform work its competitors would have to outsource and allows it to capture a greater share of each job. Industry Overview: Companies in this industry install and maintain electrical wiring and equipment. Major companies include Bergelectric, EMCOR, IES Holdings, MYR Group, and Rosendin Electric (all based in the US). Electric
Growth & Expansion
The company has recently started new service lines that continue to be developed and grown. Additionally, management has identified profitable opportunities that have not yet been pursued that would further support the growth of the company.
Support & Training
12 weeks at no additional cost
Reason for Selling
The seller wants to pursue other business interests
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Michelle
Seiler Tucker
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Michelle Seiler Tucker
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