28% Cash Flow Margin! Electrical Biz with 95% Repeat Business
Asking Price: | $3,900,000 |
Gross Revenue: | $4,944,523 |
Rent: | $2,500/Month |
Cash Flow: | $1,397,646 |
Inventory: | $750,000 |
Established Year: | 2000 |
This is a highly profitable (28% cash flow margin) electrical contractor. The Company provides services for new construction projects and service calls. They specialize in full, top-to-bottom electrical wiring and set-up for new residential projects, rewiring remodels, and homeowner service calls.
Their motto is "Get the Job Done Right and On Time!" That motto has built a network of satisfied contractors throughout the Kansas City metro area. They boast 95% repeat business based solely on client referrals and established contractor relationships.
Kansas City is growing! Over the past month, the Kansas City Business Journal highlighted 10 residential developments in the planning phases and/or in process. These projects will bring hundreds of new apartments to the KC area. The area is one of the fastest growing in the country, which provides the new owner with a tremendous opportunity for growth. Hire more electricians, engage with new contractors, and build a website to prepare the company for growth!
The Company has already made $2,171,523 this year, Jan. 1-April 22. Owner estimates between 1.4 & 1.6 SDE in 2024. SBA is likely available for 50-60% of sale price, see broker for details. Some seller financing is available.
This business is for someone in the construction space who wants to add additional services to expand their profitability or someone who wants to enter the home services field.