Commercial Electric and LED Lighting Services

Asking Price$275,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$15,000
Included in asking price
FF&E$60,000
Included in asking price
Real EstateNot Disclosed

listing imageSave

Commercial Electric and LED Lighting Services


Asking Price$275,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$15,000
Included in asking price
FF&E$60,000
Included in asking price
Real EstateNot Disclosed

Business Description
Commercial Electric and Lighting Services. 26 years in business. This business is located in fast growing Cary NC. Electrical and Lighting is everywhere. We participate in Duke Energy Retail and Contractor Rebate Programs. We purchase direct from lighting manufactures. We use a very affordable and easy lighting software to show customer rebates and energy savings. We are a turnkey operation with our own employees and licensed sub contractors. Owner, salesmen and employees more than eager to stay on. Easy business to operate. 9-5 M-F
About the Business
Years in Operation
26
Employees
4 (3 Full-time, 1 Part-time)
1-Estimator/Electrician, 1-Electric/Lighting Tech, 1-helper, 1-PT Sale
Facilities & Assets
Business is currently operated out of a 900sq' storage unit. Assets include all tools/excess materials one would expect from 26 year old company. (1)-2016 Van Ladder Bucket Truck, (1)-2015 NV200 Van, (1)-2007 GMC PU and (1)-scissor lift with custom trailer.
Website
HTTP://www.hiliteservices.com
Market Outlook / Competition
There is competition but not many who have our setup and expertise. We participate in Duke Energy Retail Rebate Program and there contractor programs as we are Licensed Electrical Contractors. We also purchase direct from manufactures and local lighting reps in the Industry. We also use a very affordable and easy to use lighting software to show customers rebates and energy savings. Online QuickBooks is used for all accounting and most customers pay through QuickBooks and ACH payments.
Opportunities for Growth
Currently we do no marketing. No email marketing. No cold calling. No feet on the streets. Nothing! I currently only answer calls from existing or past customers. The website needs to be updated and the phone lines answered. This area as you know has exploded and continues to explode. Our Salesman only follows up with existing customers, Duke Energy Inquires and referrals from Manufacturers Reps. With the great pricing we have on our products you could also do very well with online sales. I have not marketed the supply side of the business at all!
About the Sale
Seller Motivation
Approaching retirement.
Transition Support
Owner has Unlimited Electrical License and is willing to stay and help you with licensing. Salesman has a 20 year lighting background and would also like to stay on part time. Main Estimator/Electrician wants to stay on and also Light/Electric Tech and Helper also want to stay on. Licensed electrical sub contractor will also be available for large projects.
Listing Info
ID
2328576
Listing Views
376
Business Location

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Mark McGrath

Listing ID: 2328576 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.


Similar Listings
NerdsToGo
$80,000NerdsToGoFeatured Franchise
Voda Cleaning & Restoration
$75,000Voda Cleaning & RestorationFeatured Franchise
Noble Locksmith
$105,000Noble LocksmithFeatured Franchise
Local Handyman Group
$100,000Local Handyman GroupFeatured Franchise
NerdsToGo
$80,000NerdsToGoFeatured Franchise
Voda Cleaning & Restoration
$75,000Voda Cleaning & RestorationFeatured Franchise