Electric Firm with Focus on Infrastructure for Municipalities - Business for Sale

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Electrical Infrastructure Contractor Serving Municipalities in Tacoma, WA

Tacoma, WA, US
Added 4 months ago
Electrical Infrastructure for Municipalities
Absentee / Semi-Absentee

This business is an electrical contracting firm based in Tacoma, WA, specializing in designing, installing, and maintaining above- and below-ground public transportation systems for industrial, government, and municipal projects across the Pacific Northwest.

Key Information

Asking

$14.3M

Revenue

$23.8M

Earnings

$3.5M

Multiple

4.0x

Key Highlights

  • Over $39,000,000 in project backlog across 22 projects
  • Over $5,000,000 in assets included, with $1,700,000 in vehicles, $600,000 in equipment, and $2,700,000+ in working capital
  • Business operates from 3 offices in Washington and Oregon
  • Team includes over 60 employees: 5 project managers, 17 electricians, 7 administrative staff, plus railroad maintenance, equipment operators, and warehouse labor
  • Seller will finance 10% of the purchase price and offer a 20% equity roll
  • Owner plans to stay with the business for 3 years post-sale

Contact Info

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