Electrical Contractor’s Business for Sale
Asking Price: | $325,000 |
Gross Revenue: | $1,002,248 |
FF&E: | $164,953 |
Cash Flow: | $347,976 |
Inventory: | $70,000 |
Established Year: | 1986 |
Owner would like to retire and leave 3 electricians and office staff in good hands with another great company for them to thrive in. Seller currently does the estimating and is willing to train a new owner if buyer needs trained and/or would like additional mentoring. Owner has good loyal customer 3rd generation list; 80% residential, 20% commercial and industrial customers. Employees have been with the business for a long time.
2023 Revenue as of mid-May $396,683.23. With the additional electricians recently onboarded, seller anticipates a really good year!
There are 2 vans, a bucket truck, one trailer, and a Bobcat with bucket and forks that come with the purchase of this business. Inventory is negotiable and currently is maintained at an approximate value of $70,000 (not included in ask price). SDE cash flow is reflected in this advertisement. This is a non-union shop.
NOTE: In order to own this business you or someone on your team, must have a master electricians license and an Electrical Contractors license through the state of MI. Seller is willing to work with a qualified prospective buyer on this for a pre-agreed upon period of time.
If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement) . Call Broker for more information.