Here’s an exceptional opportunity to acquire a well-established Electrical Company based in Philadelphia, PA, serving the bustling tri-state area. With a strong focus on commercial maintenance services, this company has built a solid reputation for reliability, quality workmanship, and exceptional customer service. Boasting impressive revenue and EBITDA figures, along with a fleet of well-maintained vehicles, this business presents an excellent investment opportunity for entrepreneurs or investors looking to enter or expand within the electrical services industry.
Key Highlights:
- Strong Financial Performance: With approximately $4 million in revenue and an estimated EBITDA of around $1 million, this company demonstrates robust financial performance, showcasing its stability and profitability in the competitive electrical services market.
- Investment in Assets: The owner has recently invested in the business by purchasing three new trucks within the last year, ensuring a modern and efficient fleet. Additionally, the company owns 7-8 service trucks, 1 dump truck, 2 pickups, and 3 bucket trucks, all fully paid off, providing a solid foundation for operations.
- Diverse Revenue Streams: With an 85% commercial and 15% residential revenue split, this company enjoys a diverse client base. The majority of revenue comes from maintenance services, catering to corporate clients with multiple franchise locations, with a smaller portion generated from property managers.
- Experienced Workforce: Supported by a team of 10 electricians and 3 office staff, this company has the manpower and expertise to handle a wide range of electrical projects with efficiency and professionalism.
- No Reliance on New Construction: Unlike many electrical companies, all revenue is derived from maintenance services, eliminating the risks associated with fluctuations in new construction projects.
Disclaimer:
The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of his business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.