Overview
Location: South of Boston, MA
Primary Category: 1731-01 – Electrical Contractors
Secondary Category: 5063-16 – Generators-Electric
Your Reference ID: 19925
Financial Information
- Asking: $8,350,000
- Gross: $8,994932
- Cash Flow: $1,702,189
- Furniture, Fixtures, & Equipment: $1,440,000 (Included in Price)
- Inventory: $250,000 (Included in Price)
- Real Estate: $2,250,000 (Included in Price)
Contact Information
- Contact: Adam J. Bradshaw
- Phone: 508-990-9800
- Email: a.bradshaw@nerycorp.com
summary
Description
Summary:
This long-established company is a market-leading provider of complete electrical services, generator installs, repair, sales, and maintenance for residential and commercial customers in the Southeastern MA regional market.
The company is a turn-key operation with over 25 employees, including licensed electricians and tenured sales, marketing, and administrative support professionals.
Working Capital is included.
Facilities:
- Company headquarters includes office and warehouse space in a prime, high traffic location that is centrally located to the company’s customer base.
- The facility provides ample space for current operations and future growth, with significant space for parking of employee and company vehicles, storage of tools and equipment, and inventory of generators and electrical supplies.
Opportunity / Growth:
- Demand for licensed electrical services, as well as installs and contracted maintenance of generators at residential and commercial properties in the region continues to be strong.
- The company currently has thousands of customers and will continue to grow typically with many new generator installs and maintenance contract customers added per year, and a current scheduling backlog on requested installs and service.
- Adverse weather events and sustained residential and commercial demand for industry-leading, back-up generator power continues to be a key driver of revenue growth.
Support / Training: As needed for smooth transition.
Reason Selling: The owner is selling the company to retire and pursue other personal interests.
Contact Us
Coastal M & A
700 Pleasant Street, Suite 330D
New Bedford, MA 02740