Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Reputable Electrical Contracting Firm In Pennsylvania For Sale

Pennsylvania, US
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$19,815,273
Cash Flow:
Available on request

This very profitable electrical contracting company offers a wide variety of services, including electrical, mechanical, industrial, and engineering services.

Its commitment to customer satisfaction and a wide array of services allow the company to win more jobs and complete a larger share of bids won at attractive margins.

It has experienced rapid growth and continues to improve its operations, making it a very profitable company.

The company has a strong, committed management team in place that allows it to operate largely independently of the current owner.

Property Information

Real Estate:

Real Property Included

Location:

Inventory: Included in the asking price

Real estate:

Owned Included in asking price building SF: 30,500Employees:70Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Premises Details:

Inventory: Included in asking priceReal Estate: OwnedIncluded in asking price. Building SF: 30,500Employees:

70 - Furniture, Fixtures, & Equipment (FF&E): Included in asking price facilities: The Company operates from two facilities, each having a combination of a high bay warehouse and office space. They both have loading docks and drive-in doors which is great for the Company’s current application.

The buildings fit the Company’s current needs perfectly with plenty of room for expansion. One building has solar panels on the roof and two electric vehicle charging stations outside, which serve as great educational tools for customers.

Size in square feet:
30,500

Business Operation

Expansion Potential:

The company has recently started new service lines that continue to be developed and grown.

Additionally, management has identified profitable opportunities that have not yet been pursued that would further support the growth of the company.

Competition / Market:

It is one of the largest electrical contractors in the area and it has stellar customer relationships.

It outcompetes its direct competitors in both price and quality of work/service.

Its expanding services allow the company to perform work its competitors would have to outsource and allow it to capture a greater share of each job.

Industry Overview: Companies in this industry install and maintain electrical wiring and equipment.

Major companies include Bergelectric, EMCOR, IES Holdings, MYR Group, and Rosendin Electric (all based in the US).

Electrical contractors worldwide depend on construction activity as well as demand for renovation.

The global volume of construction is forecast to grow by 85% to $15.5 trillion by 2030, according to a report by Global Construction Perspectives and Oxford Economics sponsored by PwC.

The largest construction markets -- the US, India, and China -- are expected to account for 57% of global growth.

As per the Research and Markets report, APAC is anticipated to remain the largest construction market through 2023, driven by the growing urbanization and increase in expenditures on infrastructures and affordable housing projects.

The US electrical contracting industry includes more than 70,000 establishments (single-location companies and units of multi-location companies) with a combined annual revenue of more than $170 billion.

Reasons for selling:

The seller wants to pursue other business interests

Employees:
70

Other Information

Support & training:

12 weeks at no additional cost

Furniture / Fixtures value:
$3,480,000 - included in the asking price
Inventory / Stock value:
$2,000,000 - included in the asking price