#2226 –A 21-year-old Electrical Contracting Business
Business Description
A 21-year-old electrical contracting company, located in Hunterdon County, New Jersey, with a strong base of repeat commercial customers has come on the market. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $233,000 as a down payment, and based on historical data, would make $457,000 in the first year after paying back the loan. The bank financing includes a line of credit of $150,000 which can be used as working capital.
About the Sale
- Seller Motivation
- Owner looking to retire.
- Transition Support
- Yes
Listing Info
- ID
- 2491904
- Listing Views
Listing ID: 2491904 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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