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Electrical Contractor And Dist Of Electrical Equip For Sale

Southwest, Nevada, US
Asking Price:
On request
Sales Revenue:
$14,313,000 (USD)
Cash Flow:
$2,567,000 (USD)

The offering is a pair of Nevada-based businesses operating from one location. The first company is a commercial, industrial, and residential electrical subcontractor licensed in Nevada, Arizona and California. The business contracts and performs electrical installation on a variety of new and improvement construction projects. The second company is an electrical supply warehouse serving the commercial electrical trade in Nevada.

Key Aspects

· Combined revenue of $14.3m for FY 2020 with year-over-year growth of 6.8% from 2019 to 2020.
· As of Q2 2021, the company is well positioned for a significant amount of contract work in the growing Southwest region since it is licensed in Nevada, Arizona, and California
· The companies offers both the parts and services of the supply chain

Headquartered
· Nevada

Current Markets
· The companies serve a variety of sectors including commercial, residential, energy, and industrial in the Southwest region of the United States.

Property Information

Real Estate:

Real Property Included

Location:

Headquartered: Nevada
Licensed in Nevada, Arizona and California

Premises Details:

The business operates from a 10,000 square foot facility leased from a related party with room to grow in the current location. The facility can be included in the deal or leased at a negotiable rate.

Size in square feet:
10,000

Business Operation

Expansion Potential:

· Desirable operating location to expand into a ready-made supply house to complement the services side of the business
· Strong repeat customer base that continues to bring deals to the company
· Ability to broaden the scope into other regions in the Southwest
· The business would provide an advantageous opportunity with a general contractor

Reasons for selling:

Ownership is seeking retirement with an eventual full exit from the business. The owner is willing to remain for a negotiable period to ensure a smooth transition and is open to various deal structures in order to facilitate a transaction.

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