Growing Electrical Contractor, 30 YR History, Seller can Retain Equity

St Lucie County, FL

Seller Financing Available

Electrical Contractor for Sale in Florida
Asking Price:$1,178,226
Gross Revenue:$3,362,220
Rent:$3,323.25/Month
Established Year:1994
Cash Flow:$495,880
Inventory:$100,000
FF&E:$223,107
BUSINESS DESCRIPTION

Own a prestigious electrical contracting business in S-Florida, 30+ yrs of excellence,Serving FL, GA, & NC, this gem boasts a skilled team,diverse services & unmatched reputation.
From residential to commercial projects,tap into a legacy of trust & profit.
For sale: An established, thriving electrical contracting business located in South Florida, specializing in Commercial, Industrial, Residential, and New Construction electrical work.
This profitable venture also offers remodeling electrical jobs and premier service electrical work, ensuring customer satisfaction remains paramount.
Owned by a licensed and insured commercial and residential electrical contractor with certifications in Florida, Georgia, and North Carolina, the company offers over 30 years of unparalleled expertise.
This business is also at the forefront of CCTV integration, providing real-time monitoring capabilities from any location.
The company is positioned as the go-to solution for immediate electrical needs in the residential, commercial, or industrial sectors.
The company prides itself on blending the dedicated service you'd expect from a local business with the professional efficiency of a large corporation.
With a track record of getting it right the first time, the experienced team ensures projects are executed to perfection, further emphasizing their customer-centric approach.
Key Advantages: Local Expertise: Unparalleled familiarity with South Florida's, Georgia and North Carolina's unique electrical and construction standards.
Quick Response Time: With a strategic local presence, emergency or urgent electrical issues are promptly addressed.
Reputation & Trustworthiness: Three decades in business translates to a stellar reputation and community trust.
Customized Solutions: Tailored electrical solutions, from modern integrations to older building adaptations, derived from deep local insights.
Cost-effectiveness: Robust local supplier networks potentially translate to savings for customers.
Community Integration: Strong ties with local authorities can speed up processes like permit acquisitions.
Personalized Service: A local touch ensures dedicated attention to each client, making them feel valued.
Local Economic Contributions: Supporting this business directly uplifts the local community.
Skilled Workforce: Continuous investment in employee training ensures services are delivered by the industry's best.
Accountability: Being deeply rooted in the community, the business prioritizes its reputation, ensuring swift issue resolutions.
Integrated Services: A holistic approach to electrical needs, from installation and maintenance to emergency interventions.
For the Potential Acquirer: This acquisition provides a golden opportunity to tap into a thriving market with an already established presence.
Benefits include instant market penetration, an experienced workforce, existing infrastructure, and a steady cash flow.
The business's established reputation, customer base, brand recognition, and local market knowledge further bolster the acquirer's competitive advantage.
Growth opportunities abound, and the groundwork laid by the business paves the way for easy expansion, diversification, and synergy creation.
In essence, this acquisition offers an industry player a comprehensive solution to fortify their position in the electrical contracting sector, particularly within the South Florida, Georgia, and North Carolina regions.
The array of benefits promises not only a swift return on investment but also a sustainable growth trajectory.


DETAILED INFORMATION
Location
St Lucie County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
24/11/2025
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Approx 3,000 sq.ft., building with office and storage space. Monthly rent of $3,323.25 (as of January 1, 2024) includes trash, water and applicable taxes. New lease to be negotiated between the new owner and landlord.
Competition
The electrical market outlook for 2024 includes several trends, including: Growing demand The demand for electricians is expected to grow faster than the average for all occupations, with an estimated 80,200 openings per year. This is due to a number of factors, including: Data centers: The demand for electrical contractors to design and maintain systems for data centers is expected to increase. Electric vehicles: The demand for electrical contractors to install charging infrastructure for electric vehicles is expected to increase.
Financing
Highly qualified Buyers may receive exceptional terms, depending upon scenario, Selle
Support & Training
Seller may possibly remain in Equity position with a Culture fit Buyer and opportunity is appealing. Full training and transition expected to be 6 months to a year and seller able to remain thereafter.
Reason for Selling
Retirement"ish" needs someone else at the full time President position
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Wes
Lewison
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Wes Lewison