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Essential Electrical Repair Business
Location: United States -> Iowa -> Iowa City
Industry: Business Services > Construction




Business Summary

With an incredible 27% ''year over year'' revenue growth, this business is literally taking off. This well-established, well branded electrical installation and repair business shows no signs of slowing down. The local business serves a very large and protected territory; 80% revenue is residential; 20% commercial accounts. This is a proven legacy and generational business for the new owner. The sale price includes (2) service vans plus an extensive equipment package. The parent franchise fully supports its local units in fact the corporate office conducts interviews to hire, even the master electricians needed. Now, you can hire people for character and ''culture fit,'' and develop their technical skills on the job. The new owner will also get access to a host of discounts and rebates to put them ahead of the competition through our corporate partnerships which gives the owner the benefit of national buying power. The electrical market is in high demand and expected to exceed more than $11 Billion by 2024. The demand for work in this sector is projected to grow faster than the average for all trades over the next 8 years. No prior electrical experience needed. No Licenses Needed. Full training and transitional support will be included with this sale.
Additional Features Include:
- Needs-based /recession proof.
- High scalability.
- Multiple revenue service lines / revenue streams.
- Recurring customer base.
- Superior customer service ranking and referrals.
- Large service area with more room for development of new business.
- High profit margin / Predictable incomes.
Contact Jeff for detailed information about this business at 518-588-9499.
Asking Price: $165,000


Financials

Asking Price Range:  < $250K
Gross Revenues:   $3,059,900
Cash Flow:   $586,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Full training and support will be included.




Print Listing Id: 700389335
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Also See: Franchise Opportunities > Franchise Resales > Iowa Businesses For Sale > Iowa Franchises For Sale > Iowa Business Brokers



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