Full Service Electrical Contracting Business

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Established 30 Years - Great Reputation
Asking Price:
$369,000

Gross Revenue:
$470,762
Cash Flow:
$153,009
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$20,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Established 30 Years
Excellent Social Media Reputation
Consistent Year-to-Year Revenue and Earnings
Established Team - Including Master Electrician

Full Service Electrical Contracting Business. Operating 30 years this business has an established brand and stellar reputation. The business provides a full range of electrical contracting services including fuse and circuit breaker box replacements, residential remodeling, room additions, power circuit upgrades, LED conversions, lighting upgrades, additional circuits, and standby generators. Frankly the list of services is almost limitless, as their crews also provide wiring services for data, cable and telephone. The business focuses primarily on residential work with a light mix of commercial.

The business operates two fully equipped trucks with a master electrician and service technicians providing 24-hour emergency service. Sales leads generated from repeat customers, referrals, Angie’s list, Yelp, Google, Facebook, real estate and property management companies provide more business than can currently be scheduled leaving opportunity for rapid growth.

The owner will tell you the phone doesn’t stop ringing. Which is a grand complement to their past work, attention to detail, and craftsmanship. Having been in business over 30 years their current client base exceeds 30,000. Talk about a repeat customer base! Their trucks have been traveling the streets 30 years with the same branding producing excellent name recognition. Say the name and everyone knows the business. Their digital, print, radio and on vehicle advertising over the years continues to produce excellent brand recognition. When electrical issues occur, customers and potential customers know who to call. The owner has decided he is at the point in his career where it’s time to look to retirement offering his successful business to the next owner to carry forward. No surprise, the owner will insure a smooth transition into the business for a buyer candidate or strategic business buyer.

FINANCING AVAILABLE ...
This business has been lender pre-qualified. With 10% down, the lender will finance over 10 years at 8% to qualified buyers.

About the Business

Location:
Virginia
Year Established:
1989
Number of Employees:
4 FT
Relocatable:
Yes
Home Based:
Yes
Real Estate:
Owned
Facilities:
Home based.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Will train for 2 weeks @ $0 cost.
Seller Financing:
Lender pre-screened with $36,900 down.

Listing Info

ID:
1625650
Ad Detail Views:
0

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Business Listed by

Frank Chebalo, CBI, ABI, CMSBB, CBC

Murphy Business & Financial Corporation

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U.S. Census Data for Virginia
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Ethnicity

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Virginia
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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