Electrical Contractor - Real Estate Available

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Electrical Engineering Contractor - Established 40 Years
Asking Price:
$550,000

Gross Revenue:
$2,099,541
Cash Flow:
$506,287
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$100,000
included in asking price

Real Estate:
$250,000
not included in asking price

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Business Description

Jacksonville based Electrical Contractor with all most 4 decades of experience. Operating in the SE United States - serving primarily Federal, Military and Commercial clients. Sales and profits up for latest financial year (June 2016 - May 2017). Financials for latest year based on preliminary P&L. Real Estate is available for sale. Seller willing to remain and qualify buyer. Non Disclosure Agreement and Financial Statement required.

About the Business

Year Established:
1980
Number of Employees:
8
Real Estate:
Owned
Building Sq. Ft.:
720
Facilities:
720 ft building and land available for sale
Market Outlook/
Competition:
38 year old well respected Electrical Contractor. Revenues and profits are soaring.
Growth & Expansion:
Younger and more energetic owner could benefit from reputation and continue the businesses growth. Seller willing to remain for long period. Near retirement age and wants to shed ownership duties.
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About the Sale

Reason For Selling:
Discuss with seller
Training/Support:
4 weeks at no cost. Seller willing to remain and qualify buyer if needed.

Listing Info

ID:
1479312
Ad Detail Views:
61

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$
months
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Business Listed by

Anthony Rigney

Quorum Business Advisors, LLC - BK3165430

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Source: Decennial Census (2010), United States Census Bureau.

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