High-Voltage Electrical Contractor and Solar Site Installation
Off-MarketAlbuquerque, NM
Specialized Electrical Contractor Performing High-voltage Terminations, Utility-grade Electrical Work, Solar-site Work, Private Electrical-distribution Systems, Subdivision Infrastructure, Sports-lighting Projects, Directional Drilling, And Fiber-optic And Communications Installation
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$1,800,000
$746,000
41.4%
2019
Past 24h
Customers
Approximately 90% commercial and 10% residential. Commercial customers include solar sites, organizations with private electrical-distribution systems, subdivision developers, sports facilities, fiber-optic and communications customers, and other infrastructure clients.
Customer Acquisition
Entirely through word of mouth, referrals, professional relationships, and the owners’ industry reputation.
Team
Seven regular team members, plus subcontractors for larger projects.
Owner's Role
The owner handles estimating, invoicing, permitting, customer meetings, high-level administration, sales, and relationship management. He is the primary face of the company and sometimes works in the field. His 50/50 business partner manages equipment issues and helps oversee field employees.
Reason for Selling
The owner is looking to pursue other ventures with his wife. His 50/50 business partner also spends significant time farming.
Contracts
The company enters into project contracts.
Real Estate
No
When Are You Looking to Sell
Within the next 3-6 months
Licenses Required
The company holds EE98 and EL1 electrical licenses. The EE98 covers commercial and residential electrical work up to approximately 600 volts. The EL1 allows utility-level work from zero to approximately 345,000 volts. Both owners personally hold the applicable high-level licensing
Additional Notes
The business has approximately $1 million in equipment that would potentially be included in the sale. Services offered include: specialized electrical contractor performing high-voltage terminations, utility-grade electrical work, solar-site work, private electrical-distribution systems, subdivision infrastructure, sports-lighting projects, directional drilling, and fiber-optic and communications installation
Business ID: 2027
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