Requesting a Confidentiality Agreement Form
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Premier Electrical Contractor Focused on the Industrial Market |
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Client ID: |
D-32268 |
MA Advisor: |
Mark Breheny |
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Location: |
NC |
MA Advisor Email: |
mbreheny@genequityco.com |
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Business Category: |
Services Professional |
MA Advisor
Telephone: |
972-232-1189 |
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| Asking Price: |
$000,000 |
Year Business Started: |
0 |
| Revenue: |
$12,000,000 |
Year Established: |
1994 |
| Ebitda: |
$1,335,000 |
Employees: |
80 |
| Cash Flow: |
$1,255,000 |
Relocatable: |
NO |
| Seller Financing: |
Negotiable |
Real Estate Status: |
Leased |
| Feature1: |
Critical mass: The Company’s estimated sales of $12.0 million for 2008 will be attractive to buyers wanting to establish a foothold or increase market share in the Midwest |
| Feature2: |
Backlog of signed contracts: The Company has a current backlog of $10.5 million of work to be completed by December 31, 2008 |
| Feature3: |
Modernization, retrofit construction: While new construction remains a large percentage of revenue, a shift to modernization and retrofit projects has occurred. Industry sources indicate that only 56% of jobs today are new construction, compared to 86% |
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Click Here For Profile ProForma |
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Business Summary
The Company specializes in industrial electrical maintenance, electrical power distribution, instrumentation and controls, providing welding services, equipment installation, and maintenance personnel. The Company offers contract pricing or time and material rates upon request. The Company complies with OSHA requirements. Weekly and monthly safety meetings are in place to keep all employees aware of safety and changes in OSHA policies.
The Company has a customer base of 10 active industrial accounts in and around North Carolina. In 2007, sales were driven by electrical power distribution 70%, electrical instrumentation controls 15%, and electrical maintenance 15%. In 2008, all projects will be in North Carolina; the Company has opportunities to expand into South Carolina and Virginia. Success in the industry is largely driven by reliable on-call service 24 hours a day, seven days a week, outstanding workmanship from skilled employees, and competitive prices. These and other factors contribute to a 50% rate of repeat business and position the Company well for continued growth and success.
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Management Transition
Management is dedicated to the continued success of the business and will remain through a reasonable transition period to ensure a smooth transition.
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Market Outlook
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