Electrical Business For Sale in New_jersey

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. This business currently operates from a 15,000 sq. ft. leased office/warehouse facility that can easily accommodate future growth.

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. 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.

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.

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.

(ALL DATA BASED ON SIGNED TAX RETURNS)

• Years Established: 1990
• Employees: 12
• Reason For Selling: Retirement (consulting available)