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Electrical Contractors
Location: United States -> New Jersey -> Atlantic County
Industry: Business Services > Other Services




Business Summary

ATTENTION INDUSTRIAL AND ELECTRICAL BUSINESS BUYERS THIS COMPANY WILL ALMOST PAY FOR ITSELF WITH THE ACCOUNTS RECEIVABLES ALONE! So if you are a serious buyer for a full service electrical contractor that specializes in emergency power generator installation, then look no more. This is the top company in its field which demands quality at a fair price. The seller would never trade the reputation and respect of their company for any amount of money. Its reputation and availability to its customers has served it very well over the last 18 years. This business has been generating over $3,000,000 in revenue for the last few years AND CURRENTLY POSSESSES $4,000,000 IN CONTRACTS TO START OUT 2017. In fact, business is being turned down due to demand cannot be kept up with at its current level quality control. The sellers owner cash flow will exceed $400,000 between 2016 and 2017 at current levels of production. This is not even including all the income from an extremely lucrative project that will take a year to complete starting in 2017 and finishing in 2018. This company is showing a phenomenal 12% EBITDA to revenue. This company has very little competition, and the competition today is no threat as far as hurting revenue and strategic growth projections for the NJ, PA, and DE territories that it is currently licensed to operate. It specializes mostly in Commercial, Government, and large residential projects that need generator installations, wire pulls, rewiring and repairs, industrial applications panels and conduits, commercial and residential excavations, and even has an entire line of rental generators and transformers at their disposal which range from 20KW up to 2000KW. Even though this company is located in Southern New Jersey, it dominates the Northern Jersey communities as well as neighboring States. The only reason the company is selling is due to the passing of the beloved co-owner and foresight of the present CEO/CFO to keep the quality and the quantity o


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $3,247,335
Cash Flow:   $401,712
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1981
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train
Reason For Selling:  Personal




Print Listing Id: 700203058
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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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