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North East MN Electrical Contractor

St. Paul-Minneapolis-Twin Cities, Minnesota, United States
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Asking Price$475,000
Revenue$472,689 Established1978
Cash Flow$231,314 Employees1 full, 2 part
FF&E$100,000* FranchiseNo
Inventory$12,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
The Business is an independently owned electrical contracting company serving residential and commercial customers.  The Owner, a Master Electrician, has been operating the business since the late 1970s.  Services include electrical installation and repair, HVAC and refrigeration system installation and repair.  The Company has an excellent reputation in the market it serves and has built a solid and loyal customer base.  In addition to the Owner, the Company employs 1 part-time Master Electrician and 1 part-time electrical apprentice.  The Owner is also selling real estate totaling 0.7 acres that is used for business operations, and includes an office shop, warehouse, sheet metal shop and storage trailer.  Included in the Asking Price is 2 one-ton vans, 1 ¾ ton pickup and all the fixtures and equipment necessary to run the business.  All assets are in good working condition.  The community where the business is located is family-oriented with a new school and hospital and there are many options for outdoor activities.
Seller Financing:SBA for a qualified buyer
Sale Reason:Retirement
Ad #112700
Seller Reference #MINNEMN003-N1927
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