North of Denver Front Range Mostly Commercial Electrical Contractor. 65% Commercial, 10% Residential, and 25% Service.

They specialize in high end electrical contracting of all types. The company has grown historically based on their reputation through a steady long term increase in referrals along with steady reputation building in their market. They have a normal internet presence with some SEO and a website but advertising expenses are low. They have built relationships with developers, builders, contractors, business owners, and homeowners and are continuing to work current relationships and build new ones.

The trailing 12 months earnings to March 31st were 435K from 1.34M in revenues which is a 32% profit margin. The 2022 earnings were 402K from 1.28M in revenue which is a 31% profit margin. A great reputation in combination with a long-standing and recurring customer base will undoubtedly continue to provide the revenue necessary to thrive.

The company provides a full range of electrical services from a new big box commercial electrical installs to installing electric vehicle home chargers. They work on new construction, remodels, & tenant finishes of all types and sizes. They have a high percentage of recurring work because they are a preferred electrical company for contracts directly with electric vehicle companies and dealers. These types of home installs often result in the residents calling them for their future electrical needs. They also have relationships with other companies for referrals. Many of their customers become repeat clients.

The buyer will get approximately 160K in current value assets and they also have approximately 30K in inventory.

North of Denver which is a virtual office that has access to a conference room they use for employee meetings, rare customer meetings etc. The owners work out of their house with a small storage area.

The Sales Price is 945K plus inventory estimated to be 30K.