Prequalified! Popular Trade Electrician with Big Projections! (37914)
| Asking Price: | $1,200,000 |
| Gross Revenue: | $4,900,000 |
| FF&E: | $356,500 |
| Cash Flow: | $450,000 |
| Inventory: | $7,176 |
| Established Year: | 1992 |
Prequalified by lender! Situated along Florida’s panhandle, this specialty trade contractor offers long-term electrical system installation and service contracts for Commercial (90%), Medical (5%), and Industrial (5%) applications. Offering these services requires a Florida State Certified Master Electrical License. Locally preferred by recurring contractors, their portfolio highlights both large and small projects, allowing flexibilities for strategic optimizations and partnerships that can further growth. There are also opportunities for expansion with residential and military projects as market bidding is a strong income source, thanks to top ratings and their ongoing 30-year reputation. The 2022 revenues are near $4.9 Million with profits near $450,000 consistently, sales are up substantially from 2021’s $2,935,999. The leased 7,500 square foot facility features around 3,500-sq.ft. of office and storage with production area up to 4,000-sq.ft. Experienced and cross-trained personnel of nineteen nonunion employees have diverse backgrounds in the industry and are most likely to remain post-purchase and continue quality-focused operations after a smooth transitioning cycle of up to twelve months. Relying on direct customer engagement and verbal referrals from their recurring base, potentials in taking business to the next level are available via aggressive advertising and by launching a website with social media. This is a great, debt-free business, contact IAG today!
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