Details
| Asking Price: |
$3,100,000 |
| Annual Sales: |
$4,167,000 |
| SDE: |
$1,300,000 |
| Inventory Not Included: | $0 |
| FF&E: | $65,000 |
| Real Estate: | $800,000 Not Included in Price – available to lease or purchase. |
| Employees: | 5FT |
| Location: | Colorado |
| Reason For Sale: | Retirement |
Business Description
- Limited Competition
- High Barrier to Entry
- Healthy Profit Margins
- Buys Direct
- Industrial / Municipal / Institutional Clients
- Recession Proof
- Growth Potential
- Staffed well
Company installs and maintains specialized equipment that requires experienced technicians and consultants. These services are not typically delivered by general electrical contractors. There are larger specialized contractors in this field that are not as competitive on small to mid-size projects. This company may be a sub-contractor on larger projects and may provide General Contractor services on smaller turn-key projects.
Non-specialized contractors do not buy direct from manufacturers, so they don’t enjoy the same profit margin.
A Master-Electrician’s License is required. The Seller will stay on and allow use of his license or provide business development or technical consulting long-term for additional fees. A fair amount of time will be provided to train on business practices.
Company is staffed well for the current volume and can attract more employees when needed. Seasoned Employees are loyal and well paid via merit-shop system. Company has less employees than typical electrical contractor with same revenue.
Seller will provide non-compete for all of Colorado for 5-year period.
Represented by Bill Scott. Tell me more about this business.