Business Description

A Department of Defense Prime Contractor with a focus on medium and high-voltage electrical services for federal and military installations is up for sale. The business holds a long-term contract ensuring steady work for the next 10 years. Despite challenges like material cost increases and project setbacks, recent issues have been resolved with an expected return to normal margins by 2024. Licensing requirements for the owner are streamlined as the company primarily works on Department of Defense contracts. This established contractor offers essential electrical services such as power distribution, lighting, and utility infrastructure to government facilities. Amid COVID-related disruptions in 2021 and 2022, the company faced obstacles including supply chain issues and decreased revenue due to a problematic project. However, these challenges have been overcome and the company is poised for future growth and stability. Interested buyers can access more details by signing a Non-Disclosure Agreement at the provided link. This opportunity provides a secure investment with consistent work through existing government contracts. The business's specialization in serving federal and military