Profitable Electrical Contracting Business

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Asking Price:
$350,000

Gross Revenue:
$471,720
Cash Flow:
$117,842
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

Established for over 20-years, this electrical service company specializes in Electrical Installations, Panel Upgrades, Electrical Services on Remodels and Repairs. They also install and repair generators. There are 4 well-trained technicians and 3 company vehicles. commercial and residential revenues are about 50/50. The business is debt free and has plenty of Work in Progress. It should qualify for a Visa as it has excellent books and records. The down payment is based on a qualified buyer obtaining SBA guaranteed financing, or the seller may consider financing with at least $250k down. He may also consider being a license qualifier. Please refer to listing number 0101-946365 and advisor Tom Milana when inquiring.

About the Business

Location:
Broward County, Florida
Year Established:
1993
Number of Employees:
4
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,000
Rent:
$1,040.00 Per Month
Facilities:
Lease/Month: 1,040 Square Footage: 1,000 Building Type: Warehouse/Office
Terms & Options: 1-Year leases Expiration Date: 9/30/2019
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will train for 3 weeks at no cost
Seller Financing:
SBA Loan Available: $294,500 for 120months at 8.25%= $3,612.12 monthly payment

Listing Info

ID:
1579088
Ad Detail Views:
1541

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Business Listed by

Thomas Milana International Director of Business Sales

Transworld Business Brokers, LLC.
License# BK3199254

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Sponsoring Broker:

Andrew Cagnetta
Transworld Business Brokers, LLC.
License# 3010767


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