Listing Number: 5182-653518
Description
This successful niche electrical contractor has been serving the southeast for more than 40 years. Known for quality work and extensive experience, the business offers new construction wiring and installation services to both single locations and roll-out activities at hundreds of sites, as well as a strong maintenance and repair portfolio.
The business boasts 14 trained W-2 employees, and has experienced significant growth in profitability since the Covid-19 pandemic. The owner is in the process of executing a multi-year business plan that allows for less owner dependency, service diversification, process automation and procedural standardization.
A new owner will need to have a master electrician's license, or have the ability to hire someone who does.
Listing Details
- Price: $ 1,750,000
- Down Payment: $175,000
- Sellers Discretionary Earnings: $ 612,441
- Total Sales: $ 2,860,519
- Location: Blount County, Tennessee
- Inventory: $ 20,000
- FF&E: $ 937,000
- Employees: 14
- Year Established: 1982
- Reason for Selling: Retirement
- Category: Construction
