Middle Tennessee Electrical Contractor
Tennessee
| Asking Price: | $1,795,000 |
| Gross Revenue: | $4,837,235 |
| Established Year: | 1970 |
| Cash Flow: | $436,427 |
| FF&E: | $500,000 |
Listing ID: 2263658Listing provided by BizBuySell
BUSINESS DESCRIPTION
New Construction Electrical Contractor in Middle Tennessee
This residential electric contractor has been serving Middle Tennessee for over 50 years. With 18 employees and multiple sub-contractor crews, they mainly support the new construction industry. They have relationships with 10+ of the biggest builders in the area. The company has zero debt and comes with roughly $500,000 worth of FFE. The business can be moved or stay in it's current location for a low cost, long term lease from the current owner (building owner). The owner has been stepping away over the past few years and has a GM that can handle most of the day-to-day operations.
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is run out of a large warehouse with multiple vehicles that all come with the purchase of the company. The total FFE is roughly $500,000.
Competition
Normal local competition. With Middle Tennessee fast growing area, there is been no shortage of business.
Growth & Expansion
The best option for growth is with a new owner helping to drive and grow business. Current owner is ready to retire and help transition the business to a new owner.
Support & Training
The owner is willing to stay on and help train and transition with a new owner.
Reason for Selling
Retirement
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