Electrical Contracting Business to Builders in Florida! (37706)

Melbourne, FL

Seller Financing Available

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Asking Price:$2,500,000
Gross Revenue:$4,115,112
Rent:$1,300/Month
FF&E:$158,866
Cash Flow:$595,729
Inventory:$46,760
EBITDA:$445,000
Established Year:1987
BUSINESS DESCRIPTION

Located in East Central Florida, listing provides electrical contracting for home builders and designers of Residential (90%) or Commercial (10%) projects within the surrounding county. Started in 1987, the services include system installations for new houses, retail stores, private offices and industrial buildings, schools, hotels, and restaurants among others. The 26 nonunion, skilled employees with field experience will stay post-sale, and the seller will continue hands-on operations during the transitioning process. Headquarters is 2,400 square feet of space situated within a 7,200-sq.ft. facility that is available for optional purchase. With room for administrative and warehouse purposes, the Property is in excellent condition. Located in a desirable area, the property includes a storage yard. It is zoned for commercial use and capable of handling additional capacity. Apart from maintaining a website and social media presence for promotion, the marketing efforts center on signages and referral sources backed by a large recurring customer base. Revenue in 2023 was $4,115112, with a Net Income of $1,062,272!
Please use the Contact Form on the right to request information and receive an NDA. We'll send information to you once it is signed.


DETAILED INFORMATION
Location
Melbourne, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,200
Employees
26
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property of 7,200-sq.ft. is available for an optional purchase.
Financing
Financing can be negotiable for the appropriate buyer.
Support & Training
Standard owner transition period.
Reason for Selling
Approaching retirement and/or pursuing other interests.
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Brian Stephens
IAG Merger
Brian Stephens