* Included in Asking Price
Note: As this is an owner operated business where the owner is the master electrician, a potential buyer should be also a licensed electrician or a company already operating in this industry with a master electrician on staff.
In business for almost 30 years, this successful non-union electrical contractor has built a high-profile list of corporate clients. It has a reputation for high-level customer service generating almost 90% repeat customer rate. It is known for superior workmanship and its loyalty to clients, suppliers and other contractors. In addition to commercial and industrial household name clients from themedia, pharmaceutical, retail and automotive industry, the company serves a small number of high-end residential clients.
Sales have been increasing significantly in recent years as a result of dedicated business development by the owners and taking on of larger projects. Employees are fully licensed and work independently and reliably with clients, allowing the owners to focus on cost control and job estimation. Current staff includes two electricians (one with a master electrician license) and an apprentice.The owneris looking to retire but is willing to stay on for a mutually agreeable transition period. This is an ideal opportunity for an established complementary business to acquire capabilities in electrical service work and a roster of blue-chip clients. It is also a great opportunity for an owner with experience in the electrical industry to own and operate a successful reputable business.
Fixtures, Furniture & Equipment are a fair market value estimate as provided by owner, as of March 2015 there is approximately $15,000 of outstanding loan on two of the vehicles owned by the business. Inventory included in the sale is the average amount necessary for the running of the business, and will be adjusted at closing based on current levels. Estimated Cash Flow includes remuneration.
Asking Price: $399,000
FF&E: $40,000 (Included)
Inventory: $20,000 (included)
Employees: 3 F/T
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