No photo available
Details - Information last confirmed on September 14, 2020
For over 20 years, this company has been providing efficient, high-quality electrical contracting services in Wisconsin. The company provides a complete range of electrical services to the commercial / industrial market. Its project portfolio includes schools, municipal safety buildings, clinics, retail shops, restaurants, and light industrial facilities.
They have a team of 8 master / journeyman electricians, none of whom are nearing retirement age. Most team leads are capable of cultivating young talent and taking on larger work crews. This is a non-union shop, and all electricians are ABC trained.
Over the years, the company has built a reputation as an efficient, high-quality electrical contractor. The company has the ability to choose its own jobs, engaging only in limited-invite bids with its established base of repeat customers.
At the midway point in 2019, the company has a backlog potential of about $5 million with one project being two years with $2 million in upside revenue. Profit margins remain consistently above average, at 31%-33% over the last four years.
The company has built a culture of employee appreciation that keeps skilled talent in house. This is an opportunity to acquire one of Wisconsin's most sought-after electrical teams and the well-established customer base of general contractors who rely on them.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.