Established 25 year Midwest Commercial Electrical Contracting business provides Commercial, Industrial, Utility, Residential, Complete Service Department, Structured Cabling and Electrical Engineering Services. The company boasts of its in place large Service Client “Recurring Revenue” contracts.
The company has an exceptionally strong foothold in its region and is the go-to business for all electrical issues for repairs, replacement and for ground up development projects. Strong management team and highly experienced union electricians are in place.
This Great turnkey operation has solid growth opportunities as the business has no sales team & has built its brand entirely on word-of-mouth advertising. The Company experienced reduced sales in 2021 but has been restoring revenue & profitability in 2022 and is projecting 2023 revenue to be at or better than 2020. The Founder is planning to retire after the Buyer’s desired transition period.