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Generator Sales & Electrical Services Company
Location: United States -> Michigan -> Kent County
Industry: Business Services > Construction




Business Summary

This Company is an electrical contractor that offers sales, installation, and services for residential, commercial, and industrial generators.
With a nearly 20-year reputation for high quality products and honest, impeccable service, the Company constantly receives referrals for new work from satisfied customers and professionals in complementary businesses. The Company has no need to do much marketing, as referrals keep the business running at capacity.
Maintenance and service work have been a steadfast source of high-margin, recurring revenue, for which the Company receives referrals from many local contractors. Maintenance and service work is approximately $300,000 of 2021 revenue.
This business is considered critical and has remained open and at full capacity through the COVID-19 pandemic. Revenue has bounced back by 35% year-over-year, exceeding pre-Covid levels.
COVID-19 has caused a wide range of supply chain and logistical issues for multiple industries. The generator industry has also been impacted, with lead time greatly increased. However, demand has continued to increase in spite of these issues.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info(at)smallbusinessdeal.com and request a PDF version.
Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. They will be happy to correspond and answer your questions directly. Thank you for your time!


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,812,924
Cash Flow:   $229,322
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  Yes

About The Business

Year Established:  2002
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Ownership is willing to provide reasonable and customary transition assistance.
Reason For Selling:  Health concerns.




Print Listing Id: 700371047
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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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