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Home » Businesses For Sale » Electrical Contractors » New Jersey » Listing BFS-176329

Electrical Contractor - Successful and Growing

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Location

  • CityNot Disclosed
  • State New Jersey
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

Our client is a large electrical contracting firm in New Jersey. Throughout their twenty plus year history, they have served commercial, industrial and manufacturing, restaurants, assisted living facilities, residential developers, hotels/motels, hospitals, and educational clients. Licensed in New Jersey, Delaware, and Pennsylvania, they are committed to providing unparalleled service to their customers in an ethical, environmentally responsible, professional, and responsive manner.

Developing a team of knowledgeable tradesman including a design specialist, estimator, and materials purchasing agent has been key in winning large scale commercial contracts. This electrical contractor has a superior reputation, and industry knowledge in growing markets throughout the Mid-Atlantic region. All technicians are experienced and well-trained. To provide complete peace of mind, 24-hour Emergency Service is available.

This company has completed hundreds of projects for more than 200 companies in the region. 70% to 80% of the bid requests come from existing customers, general contractors, commercial and residential builders, supply house employees, architects, and designers. They currently have numerous active contracts and millions of dollars worth of additional contracts in various stages of approval. This company manages its workflow to keep their employees working at full capacity on an ongoing basis. By holding down expenses and successfully bidding and winning new contracts, revenues for 2009 are tracking at a material increase from 2008.

The business currently operates out of a well maintained facility that is strategically located. The current owner is willing to lease the facility to a new owner at a reasonable rate.

The current owner wishes to pursue other interests at this time. He is prepared to assist the new owner with a smooth transition and believes the employees will remain with the business after the sale.

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