This electrical contracting company for sale has over 400 FT W2 employees with 5 offices throughout the Southwest region!
Overview of an electrical contracting company for sale
The HQ is in Phoenix, with 4 other offices in Tucson, Prescott, El Paso, and Albuquerque. Since the population in the South & Southwest regions is quickly growing, creating a high demand for the company’s services. This electrical contracting company for sale currently wires around 200 homes per week, totaling in approx. 10,000 wiring jobs per year. It primarily caters to big builders in Arizona and smaller builders in New Mexico and Texas; 10 of the big builders account for 80% of revenue.
Work is secured for many years, as building companies may purchase land and develop it for 500-1,000 homes, which may take 7-10 years to be completed. Also, the company also performs backhoe services for trenching used for direct-burial cables. It owns 5 backhoes, approx. 350 trucks, and 2 long-haul tractor-trailers.
The acquisition of this business ensures the tremendous potential for a new owner. Building contractors are often asking this company to work in other cities and states due to the significant increase of new residents. Texas and Arizona combined got 800,000 residents in 2018-19 while Colorado and Oklahoma – 350,000. Expansion into these states would increase revenue for years to come.
A solid name and efficient team are already in place – a purchaser could take this company to the next level.
* You can see other offers for sale in the category “Construction”.
