Electrical Contractor With Real Estate Make Offer
| Asking Price: | $350,000 | Inventory: | $10,000 ++ |
| Gross Revenue: | $543,573 | Real Estate: | $200,000 ++ |
| Cash Flow: | $153,527 | FF&E: | $36,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The owner established this electrical contracting company in 1975. Their reputation for quality craftsmanship and timely completion on the jobsite precedes them and ensures that they are in constant demand for their services. The company consists of 85% commercial contractor accounts with the remaining 15% of accounts servicing the industrial side of the market. The reliability and longevity of this corporation has made them a preferred contractor with major companies.
The employee/ electrician team, with 75 years of experience between them are well equipped to handle any situation that may arise, giving the owner ample free time. The owner spends approximately 16 hours per week accruing new contracts, bidding jobs and public relations.
Additionally not only is this business priced below what the cashflow supports. The real estate is a great investment. There is a planned interstate exchange less than one mile from the business location.
The employee/ electrician team, with 75 years of experience between them are well equipped to handle any situation that may arise, giving the owner ample free time. The owner spends approximately 16 hours per week accruing new contracts, bidding jobs and public relations.
Additionally not only is this business priced below what the cashflow supports. The real estate is a great investment. There is a planned interstate exchange less than one mile from the business location.
About the Business
Year Established:1975
Employees:5 full time - 1 part time
Facilities:2160sq.ft. Metal Building on 2 acres in the middle of one of the fastest growing MSAs in the country.
Market Outlook and Competition:There are obvious growth opportunities with the acquisition of more industrial accounts (there are plenty to be had in the area), expansion of business hours, and increased advertising (advertising is non- existent and is word of mouth only).
About the Sale
Reason For Selling:Retiring
Seller Financing:Some seller financing WAC and Strong Down
KEYWORDS: Electrical, Contracting, Electrician, Construction, Building, General Contractor
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