Issue link: http://deals.uberflip.com/i/1531912
Leading Regional Electrical Installa on & Service Provider #67994 BUSINESS HIGHLIGHTS Founded in 1998, the Company specializes in a broad range of electrical services, including installa on and support for both residen al and commercial clients. It operates primarily within a three-county area in Florida, though it offers services throughout the state, with its headquarters located in Orlando, FL. The Company boasts a diverse customer base; its largest client contributes only 15% to its revenue, and it serves over 500 customers in total. Addi onally, the Company is an authorized dealer for Generac Generators, the leading brand of home generators in the US. Since its founding, the owner has successfully managed and expanded the business, which enjoys high gross margins of 75%—significantly above average for similar-sized electrical businesses. The Company's posi on is uniquely advantageous rela ve to economic condi ons and the housing market. During strong economic and housing markets, there is high demand for new electrical installa ons. Conversely, in weaker economic mes, there is an increase in upgrades and remodeling, which also necessitates electrical services. Tom Linton Senior M&A Advisor E. tlinton@genera onal.com P. 847-867-1914 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 - 2022 DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to the accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and/or its affiliate network members are agents for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. INVESTMENT APPEAL Strong Financial Performance: The Company's revenue has grown by 25% over the past two years with very strong gross margins consistently in the 72%-76% range over the same period compared to industry average gross margins of 49.1% for similar sized electrical businesses. Addi onally, they have managed Opera ng Expenses which have dropped from 62.2% in 2021 to 57.1% in 2023. Excellent Growth Opportuni es: There exist ample opportuni es for the company to significantly grow revenue including leveraging the company's proven reputa on within and outside the region through expanded marke ng and addi onal human resources. Superior Name and Reputa on: The Company enjoys a long-standing reputa on for supplying quality products and superior customer service. A valida on of their reputa on within the region is its approximate 70% rate of repeat customers. Authorized Dealer of Brand Name Products: The Company is an authorized dealer for Generac Generators which is the most popular for home generator in use throughout the U.S. Genera onal Equity 11175 Cicero Dr Suite 100 Alphare a, GA 30022 SIGN NDA ► CUSTOMER RETENTION Ac ve Accounts (2023): 500 Repeat Business: 70% REVENUE / EBITDA 1% EBITDA MARGINS 2023: 19.6% 2024(P): 18.7% 2025(P): 19.2% This Offering is Pre- Qualified for SBA Financing. Click here to learn more REVENUE SOURCES HISTORICAL FINANCIALS EXPERIENCED TEAM Crew: 12 Admin: 2 $405K $2.1M 2023 REVENUE 2023 EBITDA