Asking Price: $995,000 Gross Revenue: $542,402Cash Flow: $362,718EBITDA: $377,173Inventory: Not Disclosed included in asking priceFF&E: $140,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This Company, in west central West Virginia, focuses on commercial and light industrial customers. For the past six years the Company has been working in the oil and gas industry, servicing several hundred miles of power lines that supply several components of the oil and gas production process. For 2019, new projects include new power lines to compressor stations and Marcellus sites. Once these initial projects are complete, needed electrical projects at the sites will ensue. Additional work, including emergency needs, is prioritized with emphasis on legacy installations. Outside of the oil and gas industry the Company’s client base includes commercial business and residential/commercial generator business.
About the Business
Number of Employees:
1 ft, +sub-cont
This company currently operates from a home office. Equipment is stored at the work site.
Competition in the oil and gas industry for this small company is minimal. The larger contractors are not able to respond as quickly to the unplanned needs that arise in the oil and gas fields. For mid-sized projects, the reduced overhead and competitive bidding create an opportunity for this company.
Growth & Expansion:
This business has the opportunity to grow depending on how much the new owner wants to grow it. The oil and gas industry has been a consistent revenue generator throughout the last six years. With the owner, one employee and sub-contractors as needed, the Company smoothly maintains the day to day operations, easy expansion of employees, which are readily available in this area, can easily expand to accommodate more work and jobs as the new owner sees fit.
The owner will train for four weeks at no cost. Further consulting, if desired, will be under a separate agreement. Full time employee is willing to work in a management/training capacity to assist new owner in learning the unique needs of the oil and gas industry.
Established, Profitable Electrical Contracting Business
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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
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