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Opportunities

Install and Maintenance of Public Transportation Systems

3 Offices and 50+ employees in this business!

CASH FLOW
$3,366,766

Specifications

  • Price
    $13,950,000

  • 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
    $3,821,514

  • 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 business has an excellent reputation in their area and currently has 13 contracts, which lands their current working progress total at $28 million. 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). They work on rail, streetcar, commuter rail, traffic light, cabling, lighting, and communications systems. Their extensive list of services within their transit niche include designing, drilling, installing, repairing, and maintaining above ground and underground public transportation systems. Due to their heavily municipal focused client base, this infrastructure based electrical company is heavily recession resistant, which is evident in the fact the business even saw growth in 2020! In fact, due to the recently passed US Infrastructure Bill, this business will grow significantly as $66B has been set aside for transportation infrastructure work near their Washington and Oregon service area.

 

The purchase of this business comes with $5.9M in assets including vehicles and equipment, along with working capital of $3M+!  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.

 

Priced at $13,950,000, the seller is willing to carry a combined 25% via seller financing and/or equity roll to show good faith in the ongoing success of the company. 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 regardless of the status of the economy.

 

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

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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.