Electrical Service Provider to Multiple End Market
The Company is an electrical contractor serving the residential, industrial, commercial, agricultural, and institutional end markets in the Midwestern United States. The Company also provides services for an affiliated solar Company.
Key Aspects
· Broad portfolio of diverse services providing multiple cross-selling
opportunities
· The Company is the area's largest locally-owned and family operated
electrical contractor.
· Impressive historical revenue growth evidenced by a compound annual
growth rate (CAGR) of 58.2% from 2020 to 2023
· In operation since 1983, the Company has built a reputable brand name in its
service region and is highly regarded by clients
· High client retention and referral rates (each over 75%) generating substantial repeat and new business
· Financials as of 12/23
Opportunities
· Penetrate new client base by introducing low-voltage services
· Capitalize on the influx of new construction opportunities in surrounding tri-state areas
· Capture the rising demand for green energy solutions
· Increase depth of the sales team infrastructure
Financials (USD)
Asking Price Not Disclosed
Cash Flow $259,000
Sales $12,169,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
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