1804 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$550,000
Revenue$3,000,000 EstablishedUndisclosed
Cash Flow$313,000 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableYes
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
* Profitable electrical contracting business established for nearly 30 years

* Discretionary earnings in year ending Dec, 2020 was 313K, average discretionary earnings over past four years has been around $220K.

* Average revenues over past four years has been above $3.2M

* Business is a market leader in the electrical work in its niche market and is on the preferred vendor list of many institutional facilities in its market segment

* Business benefits from repeat clientele and business relationships developed over many years of business history that leads to ongoing revenues

* Almost 100% of revenue is generated via new construction work

* Business has a unionized staff of 18 FT employees including the owner

* Business owner(s) key role is to oversee operations, manage client relationships and staff

* Owner is of retirement age, hence looking to sell the business but is willing to stay in a consulting capacity to assist with the transition of the business

* Ideal buyer would need to have some experience in the electrical trade industry
Sale Reason:Retirement
Ad #130982
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
N3 Business Advisors Inc.
N3 Business Advisors Inc.
(647) 967 4222
Name
Email Address
Message