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Asking Price$599,000
Revenue$700,000 Established1978
Cash FlowUndisclosed Employees10 full-time
FF&E$212,000* FranchiseNo
Inventory$231,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This 35-year-old electrical contracting service business for sale is located in the Greater New Orleans Area with statewide contracts and annual receipts over $700,000. The history of this business has created a great foundation of clients, is great at retaining them, and more clients are being attracted through word of mouth. 80% of the business comes from commercial clients which generates handsome billings. The leased building is approximately 5000 sq ft with a large yard. The upper floor of the building is available to sublease 2000 sq ft to another company to help subsidize the already very affordable lease.
New Orleans is a fun and exciting place to live. There is plenty of affordable housing. New Orleans is the fastest growing, large, metropolitan city in the United States. The culture and people are unique. World class recreational activities abound like French Quarter, Mardi Gras, Superbowl, Final 4, Sugar Bowl, New Orleans Bowl, Jazz Festival, College Football Championship, Saints and Pelicans professional sports teams and much more. The new up and coming technology district will position New Orleans well into the future along with the port and the tourist/convention business.
The seller is willing to work with the buyer to assist in the transition for this very easy to own and operate electrical contracting service business for sale. There is also a possibility of seller financing with a reasonable offer and substantive down payment. Hurry! Don't miss out on this opportunity. This business won't be on the market for long. Come meet the owner, check out the business, make an offer, become this business's next owner!
Sale Reason:Health
Ad #53386
Seller Reference #BATONLA001-N2334
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Daniel Hester
(225) 201-0202
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