Commercial Electrical Contracting in Central PA - Business for Sale
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Commercial Electrical Contractor in Altoona, PA
Altoona, PA, US
Added 1 month ago
Commercial Electrical Contracting
51 years in business
Absentee / Semi-AbsenteeRetiring Owner
This business is a commercial electrical contracting company serving commercial, industrial, and institutional clients within a 60-mile radius of Altoona, Pennsylvania.
Key Information
Asking
$2.9M
Revenue
$9.4M
Earnings
$794K
Multiple
3.6x
Key Highlights
- Business has been established for 51 years
- Located in Altoona, Blair County, PA, serving a 60-mile radius
- Client base includes Penn State University, hospitals, the Department of Transportation, and a regional railroad
- Team consists of 5 full-time office staff and approximately 25 union field employees
- Business operates from a 4,000 sq. ft. office with attached warehouse
- Sale includes work in progress valued at over $900,000 and working capital of $967,000
- Seller will provide up to 1 year of training and is willing to carry 10% of the purchase price
Contact Info
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