Business Summary

EGM’s client is a full-service electrical contracting company that has been serving both Commercial and Residential markets since 2004. They pride themselves on their hard-working, dedicated staff that make accurate estimates and can provide service 24 hours a day.  This company is known for its efficient and reliable work.
They primarily target southwest Michigan and northern Indiana, with over 250 regular customers. Just over half of their business comes from their returning loyal and local customer base. The rest of their sales come from their large customer network. They continue to go beyond for their customers, which brings them back for future jobs and referrals from their solid customer base.

Details: 

2021 Revenue:                     $2,765,754

2021 SDE:                              $360,458

Real Estate:                           7,448 square feet

Employees:                            15 full-time, plus the owners

Growth Opportunities:

• Expand to other markets including residential
• Hire additional labor
• Expand Geographic Target Area
• Bid and estimate higher revenue jobs

Investment Highlights:

• Strong Existing Workforce
• Real Estate is in excellent condition
• Offers a wide variety of electrical services
  • Lighting Control Panels
  • Electrical Inspections
  • Electrical Heating
  • Electrical Repair
  • Electrical Retrofitting
  • Rewiring Service
  • Surge Protection
  • Security Lighting
  • Hot Tub & Sauna Electrical
  • Structured Cabling
  • Home Automation
  • In-Floor Heating
  • Landscape Lighting
  • New Construction
  • Emergency Electrician
  • Standby Generators
  • And many more services…

Support & Training:            The owner is willing to assist the transition

Reason for Selling:              Retirement