40+yr Old, Profitable Electrical &HVAC Co Cashflows $108K in MD!!

Anne Arundel County, MD

Seller Financing Available

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Asking Price:$250,000
Gross Revenue:$418,556
Established Year:1993
Cash Flow:$108,974
Inventory:$10,000
BUSINESS DESCRIPTION

Strong Recurring Revenues - Business & Home Electrical Maintenance Services Company With Consistent Revenue For Sale!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! This well-established, profitable business presents an exceptional opportunity for growth and sustained success in a lucrative market.

EFFECTIVELY SERVICING THE GREATER ANNAPOLIS METRO AREA!!!!!!!!!!!!!!!!!!!!!!!!!!!! HIGHLY PROFITABLE. IT IS IDEAL FOR AN ACQUISITION FOR ANY BUYUERS FROM THE SAME INDUSTRY OR SOMEONE WANTS TO GET INTO THE HIGHLY PROFITABLE STAPLE BUSINESS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Established in 1993, this well-reputed electrical contracting business has thrived as a family-owned enterprise. This Maryland-based company has built a solid reputation for delivering quality work, evidenced by long-term relationships with a loyal client base. The company expertly balances commercial (95%) - 60-70 % (refrigeration works, including the sale of new walk-in coolers and ice machines, to major retailers, gas stations and leading franchises to name a few) and the remainder percentage (30-40%) of the business comes from commercial heating and air conditioning services (HVAC), including the residential customers heating and air conditioning for home owners works/projects.

For customers, the electrical and HVAC equipment need to be consistently fixed, serviced and re-built or replaced with the brand-new ones. Currently the owners do most of the work and hire subcontractors according to the need of the works, and there is enough cash flow, you could replace them with new hires or run as an owner operator. It is preferred that the new owners have a similar experience in commercial refrigeration and HVAC services or are comfortable running this type of business with or without employees. Their electrical services not only empower franchise and other businesses owners to excel in their local markets but also play a crucial role in maintaining the safety and functionality of homes and businesses in communities across the county.

Always ahead of the curve, the business also offers installation of commercial refrigerators for both residential and commercial clients, alike since inception, enjoying brilliant customers royalty. Located in a high-growth area, the company continually serves the existing customers, and in a planful manner expands with new accounts, benefiting from a largely affluent clientele that ensures recurring revenue through maintenance contracts all year round. With a strong relationship history, the business is primed for seamless transition to new ownership. The retiring owner leaves behind a fantastic portfolio of high yielding satisfied customers base, ready to uphold the company's reputation for excellence and a promising future.

ATTENTION MARYLAND STRATEGIC BUYERS
This business would make an ideal acquisition target for an established business in this industry looking to expand their footprint, but would also be an attractive turnkey opportunity for an owner/operator. There is a loyal and stable customer base with many long standing accounts with room for growth. The company has a great reputation in the market with a significant portion of their business coming from word of mouth and referrals. Ignite your entrepreneurial journey and strive for a bright future by becoming a part of everlasting success, where you can thrive in the essential electrical industry. A fantastic opportunity to continue providing essential services that help keep homes and businesses powered up and running smoothly. With this, you'll have the opportunity to spark success in the growing electrical industry which is worth $ 22.7 BN while benefiting from an established business model and a locally trusted brand.

FIRST CLASS SERVICES OFFERED TO A LOYAL CUSTOMER BASE, INCLUDE:
Electrical Services include (repairs, installations and replacements),

-Generators
-Circuit braker installations
-Circuit breaker repair and replacements
-Panel replacements
-Shop/home improvement


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
1
Facilities
Since inception in 1993, the business has been growing steadily thanks to the business acument of the founder owners and hard work of team of professionals.
Financing
Owner Financing Amount $150,000.00 Owner Financing Interest 9% Owner Financing Terms
Support & Training
4 weeks
Reason for Selling
retirement
Home-Based
This business is Home-Based
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Aamer
Chaudhary
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Aamer Chaudhary