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Electrical Business For Sale
Location: United States -> Michigan -> Ann Arbor
Industry: Business Services > Other Services




Business Summary

Asking $325,000 for this Electrical business. Owner would like to retire and leave 4 electricians and office staff in good hands with another great company for them to thrive in. Seller currently does the estimating and is willing to train a new owner if buyer needs trained and/or would like additional mentoring. Owner has good loyal customer list; 80% residential, 20% commercial and industrial customers. Employees have been with the business for a long time. There are 3 vans, a bucket truck, one trailer, and a Bobcat with bucket and forks that come with the purchase of this business. Inventory is negotiable and currently is maintained at an approximate value of $70,000 (not included in ask price). SDE cash flow is reflected in this advertisement. This is a non-union shop.

Facilities: Currently leased location has a one-year option to renew. It is currently operating out 2400 sq ft commercial building which includes a warehouse, garage, storage areas, and offices.

Competition: This business has a great reputation for excellence and quality in its work and customer service.

Growth/Expansion: This has been a very steady stream of income for the owner for many years. Income could possibly be increased by securing more commercial accounts.

Support/Training: Owner is willing to assist buyer as agreed to and needed.

Reason Selling: Retirement

Employees: 6: 2 PT, 4 FT plus owner

If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement) . Call Broker for more information.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $766,477
Cash Flow:   $209,066
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1986
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Reason For Selling:  Retirement




Print Listing Id: 700355239
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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