This well-established high/low voltage cable installation company already has $950,000 in project backlogs for 2022! Their experienced crew provides excellent service, working with large, nationally-known retail clients. This company has licenses to work in both Florida and Georgia, with their main service area spanning 2 hours from their home base in Tampa Bay, Florida. The current owners benefit from a low-overhead at their current 1,200 sq. ft. warehouse. Services provided include high/low voltage cable installation, pre-construction design, generator installation, and troubleshooting for electrical, structured cabling, building controls and security, and life safety systems.
The two owners are married, with one acting as president of the company (and handling the A/P and A/R work, permits, and other office tasks) while the other owner acts as the vice president, handling the purchasing of materials for projects, and doing the estimating for forthcoming projects. There are currently 6FT field technicians for installation work, with 2 PT office employees. The amount of field technicians employed varies depending on the project load. The current process for obtaining contracts takes about 1-2 months, with the average cost per project being $10,000.
Priced at $2,100,000, this contractor provides a new owner with an experienced crew and client base that can not only continue its significant work in the commercial sector but also expand greatly into the residential market.
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