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High Margin Electrical Contractor
Location: United States -> Alaska
Industry: Business Services > Construction




Business Summary

This electrical contractor occupies a highly desirable market and only accepts jobs that will generate a responsible profit margin while maintaining many reputable and repeat customers. It has a proven track record of cultivating and keeping profitable repeat business.

Total SDE:
2019 - $926,488
2018 - $814,557
2017 - $553,886
2016 - $936,358, and
2015 - $977,248.

- Real estate (office/warehouse) is available for purchase with a seller note ($850,000).
- Purchase of A/R optional, not included in this price model (AR $1,105,357.00).
- Corporate culture has a tradition of treating good employees well (22 FTE direct) and has a tradition of retaining employees.
- An extensive inventory of electrical parts and components have been bought from distressed sources for pennies on the dollar and is being sold with the business for pennies on the dollar ($100,000).
- Nationally tracked benchmarks in this market space demonstrate an average of 6.0% in net income from sales. This contractor produced 14.5% in the first 11 months of 2019 and 17.3% in 2018 and has a five-year track-record of generating 14.3% net income on sales.
- The reason for this sale is retirement. Included in the sale are the intangibles ($2.44M, FF&E ($230,050), inventory ($100,000), and real property on a seller's note $850,000).
- Owners are willing to stay on for up to 2-years to assist with the transition.
- Total sale price $3.6M not including A/R.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $4,300,409
Cash Flow:   $926,488
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $340,150
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  6 weeks
Reason For Selling:  retiring

Photos

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High Margin Electrical Contractor Photo 1 High Margin Electrical Contractor Photo 2




Print Listing Id: 700337000
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Related Searches: Advertising and Marketing  >  Architecture and Interior Design  >  Commercial Cleaning  >  Construction  >  Equipment Rental and Leasing  >  Financial  >  Graphic Design  >  House and Garden Maintenance  >  Laundry  >  Locksmiths  >  Pet Care  >  Postal and Messenger Services  >  Printing Service  >  Security and Protection Services  >  Staffing  >  Towing  >  Transportation - Airplane, Taxi, and Limousine  >  Waste Services  >  Other Services  > 

Also See: Franchise Opportunities > Franchise Resales > Alaska Businesses For Sale > Alaska Franchises For Sale > Alaska Business Brokers



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