Established Electrical Contracting Company

Lee County, FL
listing image
Asking Price:$2,500,000
Gross Revenue:$8,633,270
Rent:$7,500/Month
FF&E:$275,000
Cash Flow:$741,775
Inventory:$325,000
EBITDA:$741,775
Established Year:1975
BUSINESS DESCRIPTION

30+ Year-Old Electrical Company comprised of 45% Commercial, 10% Residential and 45% Service breakdown.

The trailing 12 months revenues were 8.6M with earnings of 741K as of June 30th. The business does no advertising and work is generated through Contractor contacts and new customer call-ins.

The company provides a full range of electrical services for Commercial and Residential customers from new construction to remodeling and service. r

The company has 60 employees including 5 office staff and the owner. The owner believes all employees are happily employed and will remain with the company after the sale. The employees are all very loyal and hardworking individuals who get along and will continue to be valuable assets for the new owner.


DETAILED INFORMATION
Location
Lee County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
8,200
Employees
60
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
There is standard competition in this market and there is plenty of work for multiple electrical contractors in the area.
Support & Training
Owner will provide up to 3 months support at no cost.
Reason for Selling
Retirement
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Listed By: Not Disclosed