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Electric Firm focused in Public Transportation – Seller will hold 25%

Municipalities are the primary client and will flourish under new Infrastructure!

CASH FLOW
$3,366,766

Specifications

  • Price
    $14,250,000

  • Revenue
    $23,423,184

  • Cash Flow
    $3,366,766

  • Employees
    53 Including 7 Administrative Employees, 5 Project Managers, 11 Electrical Foreman, 17 electricians and apprentices, 1 Senior Director of Project Managers, equipment operators, railroad maintenance staff, warehouse drivers, plus a CFO, VP, and Superintendent

  • Equipment
    $5,898,000

  • Reason for Sale
    Looking for a strategic growth partnership.

  • Location
    3 offices, 2 in Washington and 1 in Oregon

  • Industry
    Maintenance/Service/Trades

  • Service Area
    Washington and Oregon

Established in 2012, this public works infrastructure business operates out of 3 strategically placed locations and offices; 2 of which are in Washington, and 1 in Oregon to allow them to maximize the level of municipal contracts they are able to accept within their service area. Their team includes 50+ members Including a CFO, VP and Superintendent, 1 Senior Director of Project Managers, 5 Project Managers, 11 Electrical Foreman, 17 electricians and apprentices, railroad maintenance staff, 7 Administrative Employees, equipment operators, and warehouse drivers many of which they hired due to their positive relationship with their union (in this region, the union is the ONLY way to work on public opportunities). Their extensive list of services within their transit niche include designing, drilling, installing, repairing, and maintaining above ground and underground public transportation systems. They work on rail, streetcar, commuter rail, traffic light, cabling, lighting, and communications systems. The company has a primary client base of municipalities and the primary general contractors who serve them and currently has 13 contracts, which lands their current working progress total at $28 million. The purchase of this business comes with $5.9M in assets including vehicles and equipment, along with working capital of $3M+!

Priced at $14,250,000, the seller is willing to carry 10% and do an equity roll for another 15% to show good faith in the ongoing success of the company. The current owner is looking for a buyer to handle this continual growth as well as to ensure the business is maximizing on its multitude of opportunities. This establishment, and any potential new ownership, has a new opportunity for focused growth with the recently passed US Infrastructure Bill. There have been multiple infrastructure packages discussed, planned, and/or approved in the area related to public transportation which should be coming to fruition in the near future, creating ongoing opportunities for this business.

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210 N 78th St. 2nd Floor
Omaha, NE 68114

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f 402.939.0857

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The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.