๐งต Just found a unique business opportunity โ itโs big, itโs technical, and it's in the Southwest U.S.! ๐
This company has been in the commercial utility contracting game since the '80s, specializing in major electrical projects like highway lighting, traffic signals, and industrial power distribution. Hereโs why itโs an impressive find ๐ Most contractors face major competition. But this one stands out thanks to: โ
Specialized high-demand services (from grocery stores to EV charging) โ
Strong, long-term customer relationships โ
High-capacity equipment and facilities โ only 30% in use! Their core services include: - Highway & road lighting installations - Power distribution for industrial sites - EV charging station setups - Large-scale government contracts Letโs talk numbers: ๐ 2023 Revenue: $5.25M Gross Profit: $2.28M SDE (Sellerโs Discretionary Earnings): $1.15M Asking Price: $4.95M Itโs well-priced for anyone looking to expand in utility contracting with a solid base and major growth potential. Whatโs their edge? This contractor has licenses across 4 states and a sterling reputation, with ongoing projects from commercial properties to military bases. They can command premium rates, boosting margins. The facilities are well-stocked with vehicles and machinery to take on a high volume of projects. With more estimating and project management resources, they could easily double their output. Growth Opportunities: The current owner has only scratched the surface, handling a fraction of requests. By scaling the team and bidding on more projects, a buyer can leverage untapped potential in the region. Hereโs the best part: A skilled team of 20 is in place, many with decades of experience. Plus, the current owner is ready to offer transition support, making it easy for new owners to hit the ground running. Looking for a high-reward, low-risk opportunity? This commercial utility contractor could be a game-changer in the Southwest market. Interested? Comment โutilityโ below to learn more about this deal and other unique opportunities weekly!