Commercial Electrical Contracting in Central PA - Business for Sale
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Commercial Electrical Contractor in Altoona, PA
Altoona, PA, US
Added 10 months ago
Electrical Contracting Services
50 years in business
Absentee / Semi-AbsenteeRetiring Owner
This business is a long-established electrical contracting company serving commercial, industrial, and institutional clients within a 60-mile radius of Altoona, PA.
Key Information
Asking
$2.9M
Revenue
$9.4M
Earnings
$794K
Multiple
3.6x
Key Highlights
- Business has been established for 50 years.
- Located in Altoona, PA, serving a 60-mile radius.
- Includes a 4,000 sq. ft. office with attached warehouse.
- Team consists of 5 full-time office staff and approximately 25 union field employees.
- Key clients include Penn State University, hospitals, the Department of Transportation, and a railroad MSA.
- Purchase includes work in progress over $900,000 and working capital of $967,000.
- Seller is offering to carry 10% of the purchase price and provide up to 1 year of training.
Contact Info
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