Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840
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BUSINESS PROFILE |
Profitable Sign, Lighting and Electric Contracting Firm |
Location: | Central New Jersey |
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Years Established: | 28 Years |
Under Present Owner: | 28 Years |
Gross Sales: | $2,007,807 |
Cash Flow: | $611,214 |
Inventory: | $45,000 |
FF&E: | $150,000 |
# of Employees: | 15 |
Asking Price: | $2,100,000 |
Reason for Selling: | Retirement |
Facility: | Owned by seller Can be leased or purchased in a separate transaction |
SUMMARY DESCRIPTION: This is a full service sign and lighting company specializing in service and installation of signs and electrical equipment since 1987. This firm combines extensive licensed electrical contracting knowledge with years of on-the-job experience to provide the best service and finest installations.
This firm offers all phases of commercial / industrial electrical contracting. Services include parking lot lighting, sign installation and repair, LED conversions, indoor lighting, maintenance contracts and emergency service. This business has a multitude of loyal long term customers, some of which are fortune 500 clients.
This firm has consistently maintained high profitability. Its equipment is up to date including 8 bucket trucks, 1 L-60 Elliott platform / crane, excavator, rack body truck, service van, trenching equipment, various utility trucks, trailers. Fully equipped dispatch office along with GPS tracking and 2 way radio system help speed productivity.
What sets this business apart from others is its excellent reputation for quality, its highly trained staff and extensive client base. These diversified clients have been the foundation for its growth and profitability.
A savvy buyer will be able to take advantage of this company’s excellent reputation and strong foundation.
The ideal buyer will be a company / competitor whose five-year-plan includes acquisition of an existing successful business or a private equity group who recognizes the continued growth and profitability potential and can provide the resources for it to expand.
LISTING# 662