MergerPlace

Profitable Business to Business

West Virginia (Wood)


  • Asking Price: $995,000
  • Gross Income: $542,402
  • Cash Flow: $377,173
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $140,000
  • Listing ID: #214908
  • Established: 2008
  • Employees: 1 FT

Business Description

This Company focuses on commercial and light industrial customers. For the past six years the Company has been working in the oil and gas industry, servicing several hundred miles of power lines that supply several components of the oil and gas production process. For 2019, new projects include new power lines to compressor stations and Marcellus sites. Once these initial projects are complete, needed electrical projects at the sites will ensue. Additional work, including emergency needs, is prioritized with emphasis on legacy installations. Outside of the oil and gas industry the Company’s client base includes commercial business and residential/commercial generator business.


Business Details

Primary Business Category: Contractors - Special Trade
Location: West Virginia
County: Wood

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT

Financial Information

Asking Price: $995,000
Gross Revenue: $542,402
Cash Flow: $377,173
FF&E: $140,000
Seller Financing Available: No

Property Information

Facilities:

This company currently operates from a home office. Equipment is stored at the work site.

Growth & expansion opportunities:

This business has the opportunity to grow depending on how much the new owner wants to grow it. The oil and gas industry has been a consistent revenue generator throughout the last six years. With the owner, one employee and sub-contractors as needed, the Company smoothly maintains the day to day operations, easy expansion of employees, which are readily available in this area, can easily expand to accommodate more work and jobs as the new owner sees fit.

Competition:

Competition in the oil and gas industry for this small company is minimal. The larger contractors are not able to respond as quickly to the unplanned needs that arise in the oil and gas fields. For mid-sized projects, the reduced overhead and competitive bidding create an opportunity for this company.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Fred Walker

Murphy Business Brokers