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Electrical / Handyman Co. W / Established Client Base
Location: United States -> North Carolina
Industry: Business Services > Construction




Business Summary

Step Into A Full Schedule on Day One!

This company has a very loyal and established customer base with both residential and commercial accounts. For fifteen years this company has done high-quality service work that has resulted in a nonstop flow of phone calls emails and text requests from repeat customers as well as referrals from those customers. This coupled with an inexpensive but effective advertising program has resulted in a continuous two to a five-month backlog of business. The purchaser of this business will have more work than they can run and jump over. This was true even during the 2008 to 2010 financial crisis. The present owner said, -We never saw a downturn in business. The phone just kept on ringing-.

The present owner is willing, at no extra cost, to work with the buyer for a year introducing them to his customers and teaching every aspect of running the business. The present owner will teach the buyer to run the business as a one-man-show or as a large electrical contracting business. The present owner wanted to pass this on to the prospective buyer. -Due to the fact that there is a critical shortage of licensed electricians in North Carolina, the hourly rate for service work, which is presently at $110.00 per hour, is projected to go well beyond $200.00 per hour within the next three years. Since your markup on materials covers the bulk of business expenses, $110.00 per hour at 50 hours a week will give you an annual income of around $200,000.00. It will only get better and better as time goes on.-

-Angie's List Super Service Award winner 11 years running.
-A+ rating with the Better Business Bureau.
-The buyer of this business is assured of a minimum of 50 hours or more of work every week just as it has been for the past 14 years.
-$110.00/hr. for every hour of work.
-Materials marked up 30%.


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

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

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  retirement

Photos

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Electrical / Handyman Co. W / Established Client Base Photo 1




Print Listing Id: 700354699
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Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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