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Business For Sale
ELECTRICAL CONTRACTING WITH PROPERTY
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Asking Price: |
$1,900,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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To retire |
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Year Established:
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1997 |
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# of Employees:
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12 |
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Yearly Cash Flow:
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$975,453 |
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Yearly Gross Income:
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$2,720,242 |
Business for Sale Overview:
Wells Fargo Bank would consider an SBA loan for this business in the amount of $1,674,856, subject to qualification. This very successful company specializes in all phases of electrical contracting services. i.e: tenant improvements, commercial projects, retail businesses, as well as office complexes. The financial information is a projection based on the current years income records which will be provided to serious qualified buyers with additional relevant information. Included in the fixtures & equipment are various vehicles, etc. All written offers will be considered.
Property Features and Assets:
Included in the sale is the building & property valued at approximately $350,000. The normal business hours are Mon-Fri, 8AM-5PM.
Market Competition and Expansion:
Considering that all business is acquired via word of mouth, and the income has increased each year, it is reasonable to believe that with advertising and marketing it would further increase revenues.
Support/Training: Subject to agreement. Seller would also consider staying on as the manager for a period of 1 year and telephone consulting for 1 year.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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