Fast Growing Electrical Contracting Aquisition
Location Texas,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $8202484
Net Profit / Cash Flow $1421089
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 100 - 200
Inventory 483500
Relocatable Not Disclosed
Number of Employees 100 - 200
Real Estate Owned
Training The owner is open to discussion on transition and orientation. He is committed to a successful transition of the business.
Reason for Sale Retirement.
Description This is an advantageous opportunity for a strategic acquisition on the part of a well qualified individual purchaser, or existing Construction Contractors looking to gain size or increased Market share in the state of Texas. Price is $7,500,000. The Client is a highly successful full service Electrical Sub-Contracting Business specializing in all facets of commercial electrical work (the company does not do residential). The company was established in 1980, handling construction in multiple fields, but has been completely transitioned to commercial electrical services since 2002. This corporation has developed strategic alliances with large (bonded) National General Contractors active in the State of Texas and does not rely heavily on new business solicitation. As of August 2008 this company has secured, formal contracts for projects extending through 2009 worth approximately $8,500,000 with bonded agreements associated with the General Contractors. These contracts are for a highly prominent Clientele. This is a ''C'' Corporation. The company maintains excellent books and records. The business is being marketed on a private basis. Detailed Confidentiality agreements are required, and will not be modified in any manner. Ownership of this company is absentee (located out of State). All key operational management is in place and will remain post sale. This is an excellent opportunity for a Private Equity or Venture Capital Acquisition. Email or call the intermediary, Paul D. Von Vogt (Trinity Business Services) at 817-820-0075 for more information on this Electrical Contracting business for sale.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
