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Electrical Contractor
Location: United States -> Illinois -> Chicago Metropolitan
Industry: Business Services > Construction




Business Summary

This well-respected electrical contracting firm has been serving the Chicago area industrial, commercial, and multi-unit residential markets for 50 years. During that time, it has established name recognition for its design/build capabilities, competitive pricing, and strong service philosophy. Its customer base is staunchly loyal.

The company has the technology, engineering skills, and manpower to handle jobs ranging up to $1 million-plus in installation costs, and has experience and expertise in some of today's most demanding wiring specialties. Projects have been completed for the Chicagoland stores of several national retailers, as well as for a famous Chicago sports landmark and numerous commercial and industrial facilities. In the residential sector, the company has particular strength in the condo market.

A highly trained workforce; close relations with local unions, builders, contractors, and municipal authorities; and a spotless reputation and credit history add to this form's strength. An expanding regional economy, with construction opportunities across all building sectors; and a scenario of increasing dependency on electrical power and complex wiring infrastructures will drive opportunity for the foreseeable future.

With its stable foundation of accounts, this company would be an excellent acquisition for a strategic buyer with the capital to mount a marketing program and aggressively pursue larger and more complex jobs. The firm also represents a first-class entry into the booming northeast Illinois market. Contact for more information on this Electrical Contractor business for sale.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $5,371,285
Cash Flow:   $466,724
Cash Flow Type:  EBITDA
Inventory:  $241,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1952
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Negotiable.
Reason For Selling:  Other Interest.




Print Listing Id: 70032706
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Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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