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Electrical Contractor Specializing In New Orleans For Sale

New Orleans, Louisiana, US
Asking Price:
On request
Sales Revenue:
$1,700,000 (USD)
Cash Flow:
$383,000 (USD)

The company is a licensed and insured electrical contractor specializing in the installation and maintenance of LED lighting for both commercial and residential customers.

Key aspects:
· Rapidly growing company, with a compound annual growth rate of 24% of revenue from 2016 to YTD 2019
· Well-established industry reputation, working with both large commercial and municipal customer bases
· High workflow influx with the company fully booked for several months of contracts
· Long-standing relationship with high-profile customers offering a large amount of repeat business

Opportunities:
· Rapid potential for expansion with the addition of staff
· Expansion of geographic market
· Increased business development advertising cost and energy savings of switching to LED lighting
· Increase marketing of LED hardware to grow sales and distribution side of the company
· Bulk purchasing to garner savings on shipping and discounts

Shareholder/owner objectives
The two equal owners are seeking an investor to help grow the company, with a potential exit of five to seven years. They are open to various deal structures to help facilitate a transaction.

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