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Lender Qualified Electrical Contractor - Resi
Location: United States -> Florida
Industry: Business Services > Construction




Business Summary

Over 25-year-old residential electrical contracting business working primarily in new construction of high-end custom homes (including electrical, lighting controls, structured wiring & Back up Generators). Superb reputation and great relationships with many custom home builders throughout the area. In high demand as he continuously turns away work. Fully equipped fleet of trucks included. Very nice office/warehouse centrally located property is available for sale, lease or can be vacated. All prospects must be financially qualified prior to receiving any information.

Detailed Information Established: 1994
Asking Price: $2,300,000 Cash Flow: $760,000 Gross Revenue: $3,600,000
FF&E: $200,000 Inventory: $65,000 Real Estate (avail): $700,000*

Services Offered: Accent Lighting Installation Backup Generator Installation Circuit Breaker Installation Circuit Breaker Repair EV Charging Station Installation EV Charging Station Repair Electric Sign Installation Electrical Electrical Fixtures Electrical Inspection Electrical Panel Upgrade Electrical Repair Electrical Systems Electrical Systems Wiring Electrical Troubleshooting Home Addition Wiring Installation Home Rewiring Interior Lighting Installation Landscape Lighting Light Switch Installation New Home Wiring Outdoor Lighting Installation Outlet Installation Pool & Spa Wiring Security Lighting Installation Subpanel Installation Subpanel Repair NO Violations with any governmental agencies (IRS, FL DOR, Fire, Zoning, OSHA, etc.) NO Workers Compensation problems or issues NO Environmental exposure or issues NO Outstanding contractual obligations or disputes.

The seller himself is willing to spend at least thirty (30) days at no additional cost with the buyer to assist in the orderly transition of the business. Seller may be willing to be retained by the buyer for up to a year after closing at a negotiated salary.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $3,600,000
Cash Flow:   $760,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $265,000
Seller Financing:  No

About The Business

Year Established:  1994
Number of Employees:  20 - 34
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Retirement

Photos

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Lender Qualified Electrical Contractor - Resi Photo 1 Lender Qualified Electrical Contractor - Resi Photo 2




Print Listing Id: 700335883
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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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