Electrical Contractor’s Business for Sale

Asking Price$415,000

Cash Flow
$122,319
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$610,022

Inventory$90,000
Included in asking price
FF&E$164,953
Included in asking price
Electrical BizSave

Electrical Contractor’s Business for Sale


Asking Price$415,000

Cash Flow
$122,319
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$610,022

Inventory$90,000
Included in asking price
FF&E$164,953
Included in asking price

Seller Financing Available
Business Description
Owner would like to retire and leave 4 electricians and office staff in good hands with another great company for them to thrive in. Seller currently does the estimating and is willing to train a new owner if buyer needs trained and/or would like additional mentoring. Owner has good loyal customer 3rd generation list; 80% residential, 20% commercial and industrial customers. Employees have been with the business for a long time.
There are 2 vans, a bucket truck, one trailer, and a Bobcat with bucket and forks that come with the purchase of this business. Inventory is included in the sale. SDE cash flow is reflected in this advertisement. This is a non-union shop.

NOTE: In order to own this business you or someone on your team, must have a master electricians license and an Electrical Contractors license through the state of MI. Seller is willing to work with a qualified prospective buyer on this for a pre-agreed upon period of time.

If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement) . Call Broker for more information.
About the Business
Years in Operation
39
Number of Employees
6
Currently Relocatable
Yes
Facilities & Assets
Leased location has a one-year option to renew. It is currently operating out of 2250 sq ft commercial building which includes a warehouse, garage, storage areas, and offices.
Market Outlook / Competition
Competition: This business has a great reputation for excellence and quality in its work and customer service
Opportunities for Growth
This has been a very steady stream of income for the owner for many years. Income could possibly be increased by securing more commercial accounts.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,250
About the Sale
Seller Motivation
Retirement
Transition Support
Owner is willing to assist buyer as agreed to and needed.
Financing Options
Seller may consider a partial sellers note with a meaningful down payment.
Listing Info
ID
2237651
Listing Views
3904

Contact Seller

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Business Listed by: Michelle Webster Business Brokerage & Finance, LLC

Listing ID: 2237651 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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