Cabling/Electrical/Security Contractor – Extensive State/Municipal Experience

Price: $3,200,000

Annual Revenue: $8,082,413

Net Cash Flow: $827,244

Industry: Contractors

Location: CT

Listing ID: 59

This business has been established for many years, earning a preeminent reputation for its expertise in the design, construction and maintenance of large-scale complex electrical, cabling and security systems, which have entailed contracts as large as $1.2 million. Its voice and data cabling capabilities have been applied to the design and construction of large data centers and extensive networks. Customers with 24/7 critical operations turn to the company when they require the installation of fail-safe electrical systems. Security solutions devised by the company have encompassed surveillance, access control, intrusion detection and alarm systems. Approximately 60% of revenue is generated from public sector clients, with the majority stemming from contracts awarded under the State of Connecticut’s SBE program, and the balance from municipal contracts. Commercial clients of this Avetta-certified company have included Fortune 500 corporations, nuclear power plants, utilities, private universities and large general contractors. As a reflection of clients’ high level of satisfaction, many of them have designated the company as their sole “on call” vendor. The company is staffed by a non-union work force of 45 personnel. The seller, who owns the building that houses the business, can accommodate the buyer’s preference for a lease term, and would consider selling the property. The most valuable asset the buyer will acquire is a state-wide reputation for technical excellence and service quality that should pave the way for strong repeat and referral patronage over the long term. Proof of Funds will be required for seller to consider releasing company details.

 

Listing Details

Training & Support:

Seller will provide support to facilitate a smooth transition.

Location

Type of Location: Stand Alone