Chicago Based Commercial Electrical Contractor - Union Shop
Cook County, IL
Sale Pending
| Asking Price: | $975,000 |
| Gross Revenue: | $2,984,312 |
| FF&E: | $350,000 |
| Cash Flow: | $312,226 |
| Inventory: | $75,000 |
| Established Year: | 1978 |
Listing ID: 2241944Listing provided by BizBuySell
BUSINESS DESCRIPTION
In business for over 46 years serving Chicago and the surrounding suburbs. Primary clientele is medical, commercial, bio-medical, industrial and government projects. Wide range of clients. Many repeat clients. Established loyal work force. Owner is retiring.
The seller has 12 FT employees and 1 PT including 6 foremen, 4 journeymen, a warehouse driver, project manager and office manager.
The seller operates from their owned commercial space that could be available for sale under a different contract.
The business is SBA Pre-screened.
DETAILED INFORMATION
Location
Cook County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Roughly 2,000 sq.ft. warehouse that the seller owns. Available for sale or rent from the owner.
Competition
Chicago IL and surrounding areas
Growth & Expansion
Add more sales people and added technicians. Expand geographically.
Financing
SBA pre qualified with Partial Seller financing.
Support & Training
30 days free training from the seller. Longer if needed under a separate agreement.
Reason for Selling
Retirement
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