MergerPlace

Electrical Contractor - Union

Southern New England, Rhode Island


  • Asking Price: $8,900,000
  • Gross Income: $33,086,473
  • Cash Flow: $4,916,507
  • Real Estate: Not Disclosed
  • Inventory: $25,000
  • FF&E: $750,000
  • Listing ID: #221033
  • Established: Not Disclosed
  • Employees:

Business Description

Summary Description:

This union electrical contractor focuses on commercial and industrial electrical projects in Southern New England. It offers electrical design, build and maintenance services, road work services and telecommunications and has a long history of completed work for large corporations, universities, hotels, casinos, hospitals, airports, energy/power, science/technology, and government. It has very experienced senior management and technical staff.

Facilities:

Adequate office and warehouse space located near interstate highways with plenty of parking.

Growth/Opportunity:

For an industry Buyer, this is one of those opportunities that seldom becomes available providing you access to the Southern New England region.

The Company has an outstanding presence in the marketplace and is a lucrative target for an acquisition.

Continued growth in New England is certainly obtainable if acquirer so desires.

Sales pipeline for 2020/2021 is substantial.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Rhode Island
Metropolitan Area: Southern New England

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $8,900,000
Gross Revenue: $33,086,473
Cash Flow: $4,916,507
FF&E: $750,000
Inventory: $25,000
Seller Financing Available: No

Property Information

Facilities:

Adequate office and warehouse space located near interstate highways with plenty of parking.

Growth & expansion opportunities:

For an industry Buyer, this is one of those opportunities that seldom becomes available providing you access to the Southern New England region. The Company has an outstanding presence in the marketplace and is a lucrative target for an acquisition. Continued growth in New England is certainly obtainable if acquirer so desires. Sales pipeline for 2020/2021 is substantial.

Reason for selling:

Retirement

Support & Training:

As needed for a smooth transition.

Contact Business Seller

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Business Listed By:

Kevin Nery

Coastal M&A