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info@laskacompany.com

208.331.1116

Electrical Contracting Business

  • Location
  • Ada County, ID
  • Year Established
  • 2017
  • Asking Price
  • $2,620,000
  • Asset Value
  • $250,000
  • Gross Sales
  • $4,976,777
  • Cash Flow
  • $730,987

Business Description

Established Electrical Contracting Business – Well-established, full-service electrical contracting company based in the heart of the Treasure Valley with a strong reputation and long operating history. The business serves predominately a wide range of residential builder/contractors. This company operates with a skilled team of licensed electricians and experienced field leadership. Revenue is very consistent profitability and solid cash flow. The company benefits from excellent reputation with a steady pipeline of contracted work. Significant growth opportunities exist through expansion of service and maintenance contracts, municipal work, and commercial. Ownership is seeking a sale and is willing to provide transition support. Ideal opportunity for a strategic acquirer. The owner does not work in the field due to the solid team of Journeymen and Apprentices. The owner operates on a daily bases from the office working with the administrative staff on bidding, billing and overall management of the company.

Ideal Buyer  will have a background of working as an apprentice, journeyman or at a minimum having worked in the construction industry.

The business is positioned for unlimited growth and expansion into multiple sectors with a specific focus on scaling. Areas of opportunities are residential/commercial service work and meet the high demand in the commercial and industrial new construction market.

There is a shortage of electrical contractors. This business stands above the crowd due to length of time in business, reputation and a deep roster of highly qualified Journeyman, Apprentices and strong administrative staff.

3000 sqft shop. Leased with flexible landlord to reset new terms or assume lease.

21.

Retirement

Seller is willing cooperate to make a smooth transition to ensure long term success and is flexible on transition assistance. Much of this will be determined by the type of Buyer and overall terms of the sale.

For Additional Information

View Confidentiality Agreement Terms

Confidentiality Agreement

CLICK HERE FOR CONFIDENTIALITY AGREEMENT or contact us at Laska Company, 801 E. State Street, Eagle, Idaho 83616 or email info@laskacompany.com. The information above has been provided by the seller. Laska Company makes no representation as to its reliability. Price and terms subject to change at seller’s discretion.

This Confidentiality Agreement will confirm the mutual understandings of the undersigned and Laska Company (Laska) in connection with Laska providing and our receipt of information regarding the client of Laska listed below.

1. “Information” means all data, reports, records or materials obtained from Laska or the client company, which is not in the public domain, including the names, address and type of business of the client company and the knowledge that the client company may be considering a sale.
2. Information is being furnished solely in connection with the consideration of a Laska client company and shall be treated as “secret” and “confidential” and no portion of it shall be disclosed to others, except to those employees and agents of the undersigned whose knowledge of the information is required to evaluate the client company as a potential acquisition and who shall assume the same obligations as the undersigned under this Agreement. All information shall be promptly returned or destroyed, as directed by Laska or the client company.
3. It is understood that the Laska client company, as the intended party whose rights are being protected, may seek legal redress and remedies directly for any breach of this Confidentiality Agreement as if it were a party to this Agreement.
4. The undersigned agrees to not contact the Laska client company directly without prior approval of Laska.
5. It is understood that (a) Laska makes no representation or warranty as the completeness or accuracy as to any information and the financial condition of the Buyer or Seller and (b) any and all representation and warranties shall be made solely by the Laska client company and shall be set forth in a signed acquisition agreement or purchase contract and then be subject to the provisions thereof.
6. The undersigned acknowledges the responsibility to perform a due diligence review at his own cost and expense prior to any acquisition of a Laska client company. It is understood that fees or commissions paid to Laska by the client company shall not be shared or paid to any person representing the undersigned.
7. The undersigned confirms that he or she has read and understood the Agency Disclosure Brochure and understands that he or she is a “customer” and is not represented by a broker unless there is a signed written agreement for agency representation. All Laska agents represent the client company and under their fiduciary duty can only release client-approved information. You are deemed a “customer” and owed a duty of being treated honestly and fairly. The undersigned agrees Laska Company is the procuring cause in any future transaction with the client company. Any offer you make must be presented promptly to the seller through Laska Company.