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Commercial Utility Contractor Business For Sale

US
Asking Price:
$4,950,000
Sales Revenue:
$5,250,000
Cash Flow:
$1,150,000

This commercial utility contractor is located in the southwestern United States and specializes in large-scale electrical installations, including highway lighting, traffic signals, and industrial power distribution. The growth potential for their work in the region they service is extraordinary, and in 2023, their revenue was well over $5 million. As a preferred, certified vendor, they compete in a wide variety of market categories including grocery stores, camping and recreation parks, apartment buildings, schools, military bases, and sports complexes. They also win government bids, install underground high voltage infrastructure, and are a certified installer for EV charging stations.

Since founding the company in the mid-80s and growing it into a well-respected and highly regarded electrical contracting entity, the current owner is ready to retire and shift focus to other pursuits. With the hopes of securing a new buyer who shares the same interest and investment in the industry, the founder is eager to see the business grow to its fullest potential. Due to a policy of maintaining their equipment to a high standard, the company has considerable excess capacity in equipment, and they are licensed in 4 states.

“I'm really passionate about building things and seeing how they work. I like to fix things and solve problems, and there's lots of problems to solve and lots of things to fix in this line of work, and I really enjoy it.” - Owner

The company is bolstered by a committed staff of skilled professionals, a fully-equipped facility with plenty of room for expanded operations, a sterling reputation, and an overflowing pipeline of new business. This commercial utility contractor is poised for tremendous growth under new ownership, and the specific suite of service offerings and well-established customer base of high-value projects only deepen its dominating position in this market.

For more information, including full financials, a video Q&A with the owner, SWOT analysis and more, please visit the goexio site, and locate the listing to sign an electronic NDA and unlock the private details.

Property Information

Location:

Western U.S.

Business Operation

Reasons for selling:

Owner is transitioning to retirement

Employees:
20
Years established:
40