25+ Year Industrial & Commercial Electrical Contractor

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Excellent Long-Term Employees
Asking Price:
$943,000

Gross Revenue:
$3,045,000
Cash Flow:
$360,000
EBITDA:
$360,000
Inventory:
$10,000
included in asking price

FF&E:
$197,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The retirement aged seller of this full - service electrical contractor provides a complete range of services including electrical system installation, maintenance, and repair as well as the installation of fire alarm and structured cabling systems. This company counts many of Cincinnati’s largest companies among their list of satisfied clients. Whether it is a retail store, an office building, a warehouse, or a big box store, this company has the experience to successfully accomplish the task. This business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan qualified
Long tenured staff to assist in management
Clean books and records - all numbers are verifiable
Price includes all equipment valued at over $197,000
Price includes all inventory estimated at over $10,000
Fully staffed fleet of 10 service vehicles and a bucket truck
8,000 SF building available for purchase in addition to the asking price
Great growth potential as no focused sales or marketing effort has ever existed

About the Business

Location:
Cincinnati, Ohio
Year Established:
1993
Number of Employees:
15
Real Estate:
Owned
Building Sq. Ft.:
8,000
Facilities:
The facility is 8,000 square feet which includes office and warehouse space. It is available to purchase in addition to the asking price for the business.
Market Outlook/
Competition:
The company has a host of clients that have been clients of theirs for many years. These clients, in turn, have referred many news clients through the years.
Growth & Expansion:
The company needs to engage more in electronic marketing. Their marketing efforts have been minimal at best. In addition, the owners feel that marketing directly to building owners is a way to increase sales as well.
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About the Sale

Reason For Selling:
The owner is of retirement age and ready to pass the business onto a quality buy
Training/Support:
The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Listing Info

ID:
1648794
Ad Detail Views:
0

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Business Listed by

Dan Long

Cincinnati Business Brokers

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