Established Electric Contracting Business

Multnomah County, OR

Seller Financing Available

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Asking Price:$1,100,000
Gross Revenue:$1,686,407
Rent:$6,000
Established Year:1946
Cash Flow:$315,932
Inventory:$123,605
FF&E:$450,015
BUSINESS DESCRIPTION

Profitable Turnkey Commercial Electrical Contractor with Key Client Relationship

Recognized name in electrical contracting services for the Portland Metropolitan Market.

Locally owned and operated, this electrical contracting company was founded in the mid 1940s. The current owner recognized what a great brand the company represented and decided to revive the business ten plus year ago. It has shown consistent sales growth and profit ever since.

This is a business that’s poised for easy steady growth. But, there are opportunities to grow the business on the commercial new construction side. If the buyer wants to go after that business, the opportunity is there.

A recognized brand with a long history of quality service has ensured consistent growth as a standout contracting business that is not always easy a fluctuating market.

Centrally located office with warehouse, off street parking and secure vehicle storage.

Flat rate lease. Owner occupied and willing to extend lease.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
31/12/2026
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Owner Financing Amount $100,000.00 Owner Financing Interest 9.5% Owner Financing Term
Support & Training
2 weeks
Reason for Selling
retiring
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Michael
Whitesel
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Michael Whitesel