An industrial and commercial electrical contractor focusing on facilities such as chemical plants, food processors and distributors, machine shops, and manufacturers. Offerings include a wide range of electrical services from milli-volt controls to 35,000-volt substations.

Key Aspects

Revenue grew 6.4% from 2020 to 2021
Gross profit grew at a compound annual growth rate (CAGR) of 2.5% from 2018 through 2021, excluding PPP loans
Operating history spans over 75 years
70% of revenue is based on repeat business
Well-developed management team and highly trained, licensed electricians

Opportunities

Expand geographic footprint to capture larger market share
Formalize a dedicated marketing strategy
Capitalize on strong client accounts and reputation
Grow the company’s warranty service model
Opportunity to expand on a growing market trend with efficient lighting fixture upgrades

Headquartered

Northeastern U.S.

Current Markets

Provides service throughout the Northeast U.S., primarily servicing industrial facilities such as chemical plants, food processors and distributors, machine shops, and manufacturers.

Real Estate

The company operates from a 5,000 sq. ft. facility leased from an unrelated third party. The facility is operating at capacity, with relocation options available.

Shareholder Objectives

The company is owned by one shareholder who is active in the business. The owner is looking to retire but is willing to stay on for a pre-determined transition period.

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Industrial and Commercial Electrical Contractor – BN000037886

Industrial and Commercial Electrical Contractor – BN000037886

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