Founded in 1995 and headquartered outside of Charleston, the subject business
provides electrical contracting focusing on large commercial projects (six and
seven figure contract amounts) with a core group of general contractors for
municipal, military, and commercial new construction. New residential
construction is less than 10% of gross revenue. Service work is virtually
nonexistent.
A strong pipeline of work and a long tenured staff make this business an
attractive acquisition target for an existing operator looking to expand their
footprint.
The business routinely achieves high profit margins that will prove out in due
diligence. Buyer is seeking a 4x multiple of the mutually agreed upon SDE.
The seller is the holder of the Class 5 – Unlimited license. The buyer will need
to provide their own license. A prospective buyer having a viable solution on
this issue is of critical importance to the seller before in-depth discussions
can take place.
Full information package available for qualified buyers. Email broker for NDA
and additional information.
Scott Hopper 843-994-3834
