Full Service Electrical Contractor in Council Bluffs, IA

This listing presents a well-established, full-service electrical contracting business located in Council Bluffs, Iowa. With 24 years of operational history, the company specializes in commercial and industrial projects, offering turnkey solutions and limited refrigeration services. The business operates through two profit centers: large-scale open market projects (90% of 2019 revenue) and small negotiated contracts (10%). Financial highlights include significant revenue growth from $530,000 in 2017 to $2.3 million in 2019 (109.6% CAGR), with projected 2020 revenue of $2.7 million. Profitability is also on the rise, with Adjusted EBITDA growing from $67,000 in 2017 to $172,000 in 2019, and projected to reach $365,000 in 2020. The company boasts broad in-house capabilities, professional teams, and a strong repeat business rate of 75%. Growth opportunities include hiring additional employees, developing sales and marketing, and geographic expansion. The sale includes real estate, and management is willing to stay post-acquisition. This represents a solid opportunity in the construction sector.