Electrical Contractor with Versatile Services (#0822)

Status: Sold

Gaddie Electric, Inc

This electrical services business provides a solid foundation for future growth as its trained employees and breadth of services can easily change to meet the demands for both residents and businesses in Southern Colorado. Built from the ground up, this company has a great reputation in the community and has built a strong base of repeat and referral customers. While supply chain and labor market conditions in the last few years have been challenging, the team has worked hard to stay ahead of these challenges and the company has achieved steady growth year over year. The SDE in 2022 is already above $225K in just 9 months and the business has a back log of several months in place. This company would make an ideal acquisition for an industry buyer looking for a strategic Southern Colorado location or an individual buyer with electrical contracting experience and desire to own a family business. The business has a well-trained and licensed staff in place and the owner is willing to stay on board for a period of time (negotiable) to help in the transition.

DOWNLOAD BUSINESS SUMMARY

Asking Price: $595,000
Gross Revenue: $1,152,783
Adjusted Profit: $176,225 (Discretionary Earnings)
Location: Southern Colorado
Industries: B2B Service, Electrical Contracting, residential services
 
For more information please contact
Rob Amerine at (719) 635-9000
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