SOLD!

Details

Profitable Electrical Contractor For Sale

Asking Price:
 $1,100,000
Annual Sales:
 $2,722,000
Cash Flow:
 $498,000
Inventory (Not Included): $250,000
FF&E: $203,000
Real Estate (Not Included): $3,400,000
Employees: 2 FT Owners / 22 FT
Location: Northern Front Range
Reason For Sale: Retirment

 

Business Description

Overview. Well established full-service Electrical Contracting Business serves the Boulder and northern Front Range markets, with strong financial performance and opportunities for further future growth. The Company is highly respected in the marketplace and retains a significant base of recurring customers. The Company serves the residential, commercial, and industrial market segments and has a dedicated staff of loyal and experienced employees.

Strong Geographic Markets. Strong Geographic Markets. The Company serves the Boulder and northern Front Range markets, which continue to show strong residential and commercial development. Adjacent geographic markets (Loveland/Windsor/Fort Collins, and Denver Metro) also provide opportunities for organic growth.

Superior Reputation And Long-Term Customer Relationships. The Company is a family owned and operated business with significant experience in the marketplace. The Company enjoys several long-term customer relationships and estimates that 80%+ of sales are derived from these relationships and repeat customers.

Significant Assets. The Company has purchased roughly 4-6 months of inventory ($250K) in advance to mitigate the impact of price increases experienced in the industry. The sale includes approximately $174K of vehicles and $29K of equipment to support the business going forward. The facility is available separately from the business for $3.4M.

Represented by Brian Williams. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.