Commercial Electrical Contracting In Central PA For Sale - Business for Sale
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Commercial Electrical Contracting Company in Altoona, PA
Altoona, PA, US
Added 1 month ago
Electrical Contracting Services
Absentee / Semi-AbsenteeRetiring Owner
This business is a commercial electrical contracting company located in Altoona, PA, serving commercial, industrial, and institutional clients within a 60-mile radius.
Key Information
Asking
$2.9M
Revenue
$9.4M
Earnings
$794K
Multiple
3.6x
Key Highlights
- Business has been operating for approximately 50 years.
- Located in Altoona, PA, serving a 60-mile radius.
- Client base includes Penn State University, hospitals, the Department of Transportation, and railroad MSA.
- Company operates from a 4,000 sq. ft. office with attached warehouse.
- Staff includes 5 full-time office employees (2 Estimators/Project Managers, 3 Office Administrators) and approximately 25 union field employees.
- Included in the sale: work in progress of 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 post-sale.
Contact Info
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