Business Overview
• Established Legacy: With over 25 years in the industry, this business boasts a strong legacy and widespread respect
• Diverse Operations: One of the top Industrial Electrical Contractor in the region, the company collaborates with General Contractors, Municipalities, and Developers
• Sales Security: ≈$129 million of sales secured until 2029; as of February 2025
Deal Highlights
• Inclusive Assets: Purchase price includes Inventory, Equipment and Vehicles valued approximately at $2.2 million
• Flexible Financing: Limited seller financing available for qualified buyer(s)
Financial Snapshot
• Robust Revenue: Revenue for 2024 is approximately $42 million and is projected to be over $40 million next year as per the seller
• Strong Earnings: Following the impact of Covid on the business, the Owners Discretionary Earnings for 2024 stand at approximately $3.6 million
Human Resources
• Skilled workforce: Currently employing a large full-time workforce, the business maintains a diverse and skilled team that boasts a wealth of collective experience
• Owner Roles: Owner(s) are currently responsible for Purchasing, Estimation, Finance, and Project Consulting
Competitive Strengths
• Organic Growth: Thriving on reputation, the business has flourished with minimal marketing, providing ample growth opportunities for the new owner
• Accredited & Licensed: Fully accredited and licensed, including IHSA COR adherence to health and safety standards
Transition & Future
• Smooth Handover: Current owner(s) willing to stay for a reasonable period to ensure a seamless transition
• Retirement Ready: An ideal opportunity for those seeking a successful enterprise, as the current owner(s) prepare for retirement
