Lorem Ipsum

News & Events



New Listing Announcement - Commercial Electrical Contracting Firm


Jeff Snell | 11/09/2023

Click Here Thanks for joining me for another edition of ENLIGN's featured businesses for sale.

In this edition, we are presenting a Commercial Electrical Contractor located in Coastal North Carolina, one of the most desirable markets in America.

Our internal listing ID for this premium business acquisition opportunity is ELECTRIC5.

This business is well positioned for continued growth with its 31 years of providing commercial electrical services.

The company has 22 skilled employees and operates from a 3,000-square-foot flex office space available for sale or lease.

The business does not provide any residential services.

The owner, who holds an unlimited electrical license in four states, is selling to retire.

Next, let's summarize this business's key performance indicators.

In the trailing twelve months through June of 2023, the business generated $1,149,275 of Earnings Before Interest, Taxes, Depreciation, and Amortization on $5,012,312 of gross revenue.

This imputes an impressive 23% net margin tripling the industry average.

The business's asking price is $5,750,000, which imputes a 5x multiple and includes $480,000 of furniture, fixtures, and equipment.

The actual inventory value at cost as of the closing date

will be added to the purchase price.

The land and building are available to purchase for $550,000 or lease for $4,200 hundred dollars per month.

The sellers will provide additional transition assistance at a fair market rate.

The seller's proposed transaction structure would be an asset sale, with 5 times Earnings before Interest, Taxes, Depreciation and Amortization, plus the actual value of on-hand inventory.

This equates to approximately $5.93 million in cash at closing

The commercial property will need to be purchased or leased.

Now, let's feature a quote from one of the most successful businessmen of our time.

"It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price." - Warren Buffett

Thank you for joining me for ENLIGN's executive summary for this Commercial Electrical Contractor.

For more details visit our website.

To receive confidential listing information, click on the NDA button at the top right of the listing detail page.

We look forward to working with you on this exciting business acquisition opportunity.