For sale in Miami, Florida, Established Electrical Contractors Company specialized in residential and commercial new construction.
Since 1995, 29 years in business, with a very good reputation built on quality, good service, and professionalism, have created a long-term customer relationship.
The company works with local builders, architects, and interior designers on a regular basis.
Most of the work performed is residential New Construction along with some light commercial.
About 80% of their customers are repeat customers of over 29 years, showcasing the trust and satisfaction they have built.
The company has approximately $2,500,000 in newly signed contracts, and other project quotes are still under client review for potential awards.
Very important Business Highlights:
- In business for 29 years
- Services mainly just in South Florida.
- Projected to do in 2025 +/- $ 6,900,000
- Ownership:
2 owners are involved day-to-day in the business (in the field, sales, purchases and estimates).
- Employees:
As of December 2024, 25 employees are on the payroll and as Subs.
Great retention with the employees.
- 10% service/remodel and 90% New Construction.
- Advertising is not needed in order to bid on new projects
- 8 company vehicles (free of debts) included with the sale
- Contracts awarded for at least next 3 years
- Inventory: +/- 175,000 Included in the asking price
- SBA approved for $ 2,471,000. We can provide SBA lender information.
- Seller Note: $ 149,750 (Owner finance)
- Prospect Buyer Down Payment: $ 374,250
- Transition period:
Owners will stay on to make sure everything is smooth before leaving (60 days)
- Reason for the sale:
Owners retiring.

Financial Figures for Tax Return:

2023 Tax (1120-S):
- Gross Sales: $ 6,700,630
- Ordinary business income: $ 333,782
- Total Addbacks: $ 599,648
- Total SDE: $ 933,430

2022 Tax (1120-S):
- Gross Sales: $ 4,715,274
- Ordinary business income: $ 336,607

2021 Tax (1120-S):
- Gross Sales: $ 6,598,870
- Ordinary business income: $ 404,664

Asking Price: $ 2,995,000

Facilities:
Warehouse with office, very practical location, with direct access to very convenient highways and roads.
Sq Ft warehouse: 4,000
Sq Ft office: 1,000
Monthly rent payment: $ 6,990.00
Long term lease contract with renewal options.

All prospective buyers will be asked to present real Proof of Funds available on banks.

For more information contact:
Jose Carlos Perez
Businesses Acquisition Consultant.