Lean Electrical Contracting Business for Sale
Asking Price: | $850,000 |
Gross Revenue: | $1,505,446 |
FF&E: | $230,000 |
Cash Flow: | $307,449 |
Rent: | $2,000/Month |
Established Year: | 2014 |
Seller holds the electrician license for the firm. Buyers must have a plan for a new electrician license post-transition.
Since 2014, this company has served the commercial, residential and industrial electrical needs of the Tri-state area.
With a revenue mix comprised of approximately 75% commercial/25% residential, the company performs:
- Residential service work
- Commercial service work
- Commercial projects
- Light industrial service
Customers range from homeowners and business owners, to builders, property and facility managers, as well as to large corporations.
Between $60-100K of working capital is required.
Diverse supplier base with several different electric supply houses utilized.
Seller's Responsibilities:
General oversight and business development. He may work anywhere from 10-60 hours a week dependent on project scheduling. He is able to take a full month off per year with the business running smoothly due to his PM's skill level.
This is an ideal opportunity for an accretive bolt-on acquisition.