508-753-1400
Worcester County, MA
Asking Price: $2,000,000
Gross Revenue: $6,755,500
EBITDA: $485,000
Established: 2018
Business Description
Located in central New England, the company sells products in the lighting, energy, and EV charging station industries. More than just selling best-in-class products, the Company provides value-based solutions for their client’s unique projects. When required, they are also able to pair up their clients with the most qualified contractors for rebates and/or installation services.
This is a turn-key business operation. The owners have limited involvement in the business that includes a highly effective management team in place. Current management is willing to stay on if requested for several years.
The company services a wide range of clients throughout New England such as Electrical Contractors, ESCO’s, Property Management Firms, Healthcare Facilities, Education Facilities, and more.
The business has the capacity to significantly increase revenue within its existing facility footprint. A Strategic Buyer looking to roll this business into their existing operations may have the opportunity to reduce redundant expenses such as shipping, professional services, rent, etc., and possibly increase the bottom line by upwards of $200,000. A financial Buyer with capital and a desire to grow the business could also be a good fit for the company. With a solid base to start and with added sales staff the business has exponential growth possibilities.
Attached Documents
Detailed Information
Location: Worcester County, MA
Employees: 6
Facilities: 6,000 sq. ft. leased location
Financing: Possibly some Seller financing for a well-qualified buyer
Support & Training: Seller supports transitional training to aid in a smooth transition.
Reason for Selling: Other non-competitive interests.
Contact: Doug Pendleton
Contact Phone: 508-753-1400
Contact Email: info@georgeandco.com
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