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Asking Price$2,700,000
Revenue$2,600,000 Established1986
Cash Flow$750,000 Employees17 full-time
FF&E$30,000* FranchiseNo
Inventory$40,000* RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
PLEASE NOTE BEFORE INQUIRING:  Per seller instructions, NO INFORMATION WHATSOEVER will be release on this listing without a acquistion candidate having experience in the electircial (low voltage) field, currently holding an electrical contractor license or being in a like kind service business for bolt on acquistion (i.e., service business - HVAC, Plumbing, etc.).

Any inquires from Private Equtiy Firms (Self Funded, or Search Funds) will not be accepted unless said party already has secured electrical contractor license or equity ownership held in potential bolt on / synergistic like kind business for vertical intergration.  Individuals, Private Equtiy Groups, and Institutions who do not posses this requirement in addtion to the seller's prerequistes for provide documents (NDA, Financial Statement, Bio/Resume' sheet) will be politely denined access to any information other than that provided via the public facing business listing information sheet (BLI) from the BBFMLS.  Thank you in advance for adhearing and respecting the seller's instructions before inquiring with broker.
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Once in a lifetime chance for an Electrical Contractor looking to scale via prime acquisition. Over 70K customer accounts and growing. Top purveyor in area, household name. Expodential scale opportunity. Strategic Add-On for large scale Plumbing or HVAC contractor looking to have dominate presence in space. Simply put, one of the elite purveyors in the space and geographical area serviced - the Best of the Best.

Original owner offering turnkey business as part of their exit strategy.

Business is offered on the highest level of confidentiality, requires all inquiries to provide the following to be reviewed and approved by seller before any information is provided: (1) Name of Person and if applicable, Business of Inquire, (2) Signed Non-Disclosure Agreement, (3) Proof of Funds for acquire, (4) Bio / Experience level for this level of business.

Seller's offering price @ $2.7 Million is firm. Seller has instructed broker that no offers below $2.7 Million will be entertained or counter offered.

Based on quality, consistent profitability, and add on scale ability, this offering is expected to receive multiple offers and contract imminently.

Financials reflected are as follows: (1) 2018 & 2019 - Source Tax Returns. (2) 2020 Pro-Forma is estimated from Seller provided 2020 January - June profit and loss statement. Gross sales are currently trending ~ 30% above prior year levels and growing during Covid-19. All financials available via secure data room for due diligence review with accepted offer.

Kindly, only inquire with understanding and acceptance of all pre-requisites stated above.
Growth Potential:Expodential Scale Opportunity into addtional regions / territories utilizing same concept.
Training/Support:30 Days
Sale Reason:Retirement
Ad #120769
Seller Reference #BBF-8996-00005
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Dave Britton, CBI
Lobo Business Sales LLC
8133959552
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