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Asking Price$575,000
Revenue$875,382 Established1995
Cash Flow$259,635 Employees6 full-time
FF&E$125,000* FranchiseNo
Inventory$15,000* RelocatableNo
Real Estate$950,000 Home-basedNo
* Included in Asking Price
This 30 year-old electrical contractor specializes In solving complex problems for roadways, shopping centers, Restaurants, etc. They service, maintain and replace electric panels, poles and signs. The company is fully equipped with bucket trucks that range to 60 ft. Valuable real estate is available to purchase or lease with excellent terms. Financials for 2020 will show no impact from the virus for this essential service. 60 – 80 firm contracts in place for service to shopping centers and roadways. Seller will assist for smooth transition and experienced long-term employees are expected to remain in place after the sale. Excellent company with stellar reputation all around. Owner motivated!
Facilities:This property includes 4 buildings and several acres which is ideal to park multiple trucks. Owners occupy one half of one building. The others are all occupied and add significantly to cash flow.
Competition:Few companies in the area have the capabilities of this one. They solve complex electrical problems.
Growth Potential:Current activity is driven by many firm contracts with property management companies. There are many other opportunities. The business does not advertising.
Training/Support:Seller will assist for smooth transition.
Seller Financing:$175,000 5 years 6%
Sale Reason:Personal
Ad #124814
Seller Reference #411-07200
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John Hoyt
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