Electrical Contractor
Location:
United States
->
Vermont
->
Burlington
Industry: Business Services > Construction
Business Summary
This Business and Business Name along with an estimated $150,000 of Furniture, Fixtures, Equipment, the Book of Business, Supplier and Customer Lists, Transition Assistance, Covenant not to Compete and Real Estate with Improvements is offered for $899,000. Over the past three year gross sales of $1.4mm have produced Seller Discretionary Cash on average of $300,000 . The business owner is currently running the business on an absentee basis 50% of the time. The economic down turn in the new housing market is showing its effects however the business is priced accordingly and does have sustainability because the owner's business plan has created alternative markets not dependent on new housing and that market sector continues to grow.
A new owner could quickly increase business by becoming 'hands on' with the great established reputation and product lines being offered. The real estate is a commercial condominium and the business services customers in a 50 mile radius. The seller works approximately 30 hours a week only 6 months a year. There are currently 7 other full time employees expected to stay with the business. Email or call 802-425-5555 for more information on this Electrical Contracting business for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,000,000
Cash Flow:
$233,400
Cash Flow Type: Sellers Discretionary Cash
Inventory: $150,000
Seller Financing: No
About The Business
Year Established: 1994
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: As needed.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Business Services > Construction business for sale.
|
Print Listing Id: 700103270
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
