Hot Listing
Cash Flow Rich Specialty Electrical Contractor
Business Description
This well-known Specialty Electrical Contracting Company provides reliable and top-quality commercial electrical installation and maintenance services throughout the Central New Jersey region. The Firm derives 90% of its revenue from multi-year municipal contracts and enjoys significant operating margins with documented profitability.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.8x EBITDA (2024). A full valuation report is included and there is $400,000 in Net Working Capital plus another $575,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain over $560,000 benefit in after-acquisition-debt cash flow in Year #1 – over 60% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.8x EBITDA (2024). A full valuation report is included and there is $400,000 in Net Working Capital plus another $575,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain over $560,000 benefit in after-acquisition-debt cash flow in Year #1 – over 60% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
About the Business
- Years in Operation
- 35
- Employees
- 12
- Facilities & Assets
- This business currently operates from a 15,000 sq. ft. leased office/warehouse facility that can easily accommodate future growth.
- Market Outlook / Competition
- The Company enjoys a distinct competitive advantage by virtue of its long history, stellar reputation, experienced management, skilled union workforce, modern equipment and winning corporate culture.
- Opportunities for Growth
- A new owner could obtain additional revenue growth by implementing a robust marketing strategy to expand both the service region and offering menu to its diverse customer base. Under such a plan, a $150,000 to $300,000 annual investment in sales/support personnel should boost additional revenue growth rate by 10% to 20% moving forward.
About the Sale
- Seller Motivation
- Retirement (consulting available)
- Transition Support
- A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
- Financing Options
- $0.9m Seller financing plus $2.7m Bank financing subject to buyer qualification
Listing Info
- ID
- 2396751
- Listing Views
- 700
Listing ID: 2396751 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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