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Own an Electric Services Business without changing a bulb

Silver Spring, MD

Seller Financing Available

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Asking Price:$125,000
Inventory:$4,000
Established Year:2023
Gross Revenue:$162,000
FF&E:$68,000
Listing ID: 2295775Listing provided by BizBuySell
BUSINESS DESCRIPTION

Now is a great time to get in on this growing electrical services business in Montgomery County!

This recently established franchise started having good sales volume, starting from Jan 2024 and has everything in place for an owner who manages the company with licensed electricians performing services. Industry experience is not required.

This electrical service and repair company provides service/repair for residential, commercial, and industrial buildings. Residential services include any electrical work in a single-family dwelling, condo, townhome, or apartment.

Sales in 9 months of 2024: $162,000 (until Sep 30)

***** SBA loan with 10% - 15% down payment available with purchase of additional territory

OWNER NEED NOT BE LICENSED
This business needs an executive to run the business, not an electrician. A new owner does not have to hold a California license to buy the business. The seller will help the new owner to run the business with a licensed professional on staff.

INDUSTRY EXPERIENCE NOT REQUIRED
Some owners can't screw in a light bulb, but with an expert staff, they don’t have to.

RECESSION RESILIENT
Amazon can’t send you an electrician and the need for electricity is on the rise, generally without regard for economic cycle.

No products to sell, no inventory, no retail storefront or expensive buildout. Can be operated from home!

Start with a rock-solid foundation and an existing revenue stream.
• Well-known, trusted name.
• Moneymaker w/ immediate growth opportunity
• Limited receivables

Interested to learn more? Sign an NDA online at:

https://www.fortunefranbiz.com/nda

DETAILED INFORMATION
Location
Silver Spring, MD
Inventory
Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business has 2 vans with a market value of approximately $65,000, included in the asking price. Also included is inventory worth about $4,000 and FFE worth about $3,000
Competition
There are a number of businesses with similar services, some new, some old.
Growth & Expansion
This business is in one of most prosperous territories in the country, with thousands of qualified households and commercial establishments that need electrical services. For a new owner, there are several avenues to grow with ongoing marketing, online advertising, and social media posts.
Financing
Seller may finance a part of the deal for a qualified buyer, on a case-to-case basis.
Support & Training
Full training on business and operations provided for 2 weeks. More support and training, if required, will also be given to set up the new owner for success. The seller is committed to a smooth transition to a new owner.
Reason for Selling
Other personal interests and professional commitments.
Franchise
This business is an established franchise
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Michael
Simon
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Michael Simon
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