Ohio Commercial Electrical Contractor

Business Description:

Ohio commercial electrical contractor that has been servicing a well-established customer base for over 30 years; with a Fortune 500 company as its major customer throughout the duration.

Financial Performance:

Company’s annual revenues fluctuate between $8-$11M and Owner’s Adjusted EBITDA / Seller Discretionary Earnings fluctuate between $900K to 2.2M.

Why a Great Opportunity – Major Attributes:·

  • Well established customer base with a great reputation
  • Great Financial Performance
  • Great staff in place and owner willing to transition – Turnkey!
  • Great Opportunity to expand client base
  • All necessary equipment in place and in great shape
  • Mint condition real estate/building (office and warehouse) with expansion available

Reason For Selling: Retirement/Health

Asking Prices:

  • Business and Assets: $3.5M to $6.5M (depending upon the extent of any Earnout involvement)
  • Building/Real Estate: FMV sale or lease TBD