Price:
$
1,650,000
North Dakota Commercial Electrical Contractor
North Dakota Commercial Electrical Contractor
North Dakota
$
1,650,000
This electrical company was originally established in the early 1980s, starting as a small, locally owned shop. Over the years, it grew under the guidance of an experienced industry professional who began as an apprentice, eventually taking on roles such as bidding, estimating, design builds, and project management.
In the early 2010s, the business was acquired by its current owner, who expanded it significantly, transforming it into a reputable organization known for quality and reliability. The company serves a strong market within a 100-mile radius of its headquarters, focusing primarily on commercial work while also offering residential services, new builds, home inspections, and emergency electrical solutions. Customers benefit from complimentary estimates, same-day services, and free electrical design offerings.
This family-operated, non-union business employs a skilled team of journeymen, apprentices, and office staff. Many employees have long tenures, with some serving for over two decades. The company prioritizes fostering a strong work culture centered on employee care, teamwork, and professionalism, ensuring a high level of expertise and satisfaction among staff and clients.
The business has built a solid reputation for delivering dependable and timely services. Its success is attributed to the expertise and dedication of its employees, which has led to lasting relationships with large contractors and repeat clients.
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Listing Details
North Dakota Commercial Electrical Contractor
Location:
North Dakota
Down Payment: $ 165000
Year Established:
1983
Reason for Selling:
Owner is looking to retire.
Gross Revenue:
$
4716188
Home Based:
No
Franchise:
No
Relocatable:
Yes
SBA Prequalified:
No
Lender Prequalified:
No
Part-Time Employees:
1
Full-Time Employees:
17
Owner Worked Hours/w:
55
Adjusted EBITDA:
$
284229
Inventory Included:
Yes
Monthly Rent:
$
80000
Real Estate Available:
Yes
Real Estate Included:
No
Real Estate Value:
$
1500000
FF&E Included?:
Yes
FF&E Value:
$
475000
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
This electrical company was originally established in the early 1980s, starting as a small, locally owned shop. Over the years, it grew under the guidance of an experienced industry professional who began as an apprentice, eventually taking on roles such as bidding, estimating, design builds, and project management.
In the early 2010s, the business was acquired by its current owner, who expanded it significantly, transforming it into a reputable organization known for quality and reliability. The company serves a strong market within a 100-mile radius of its headquarters, focusing primarily on commercial work while also offering residential services, new builds, home inspections, and emergency electrical solutions. Customers benefit from complimentary estimates, same-day services, and free electrical design offerings.
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