Electrical Contracting Residential Commercial Business For Sale

Business description

This “For Sale by Owner” residential and commercial electrical contracting business was established in 1976. The business is owner operated with 6 full time employees. The current owner has decided it is time to retire, and is eager to sell to a buyer eager to grow this business. This contractor offers excellent customer service and has built a great customer base. They work with commercial and residential contractors with a 24/7 service department. Residential and commercial electrical contracting generates 60% of total revenues. The remaining 40% stems from service. Special licenses are required to operate this business and the current owner agrees to stay through a reasonable transition period. There is a management team in place and they will stay on after the sale. This is a great opportunity for any serious buyer! To learn more, please contact us today!

Property information

Real Estate:

Real Property Included

Location:

This 6,000 square foot facility was built in 1999 and is in good overall condition. Situated on 1.02 acres, there is more than enough room for expansion at the current site. City street frontage with high traffic and good visibility make this a great location for this business.

Other information

Expansion potential:

Growth and expansion can be obtained through commercial and residential growth in the area. The military bases are constantly expanding which creates electrical work as well. The new owner may want to consider expanding the work week to include a full or half day on Saturday. The service department could be expanded and the business could expand into larger commercial projects. Procuring more military work will also increase total revenues.

Competition / Market:

It is very competitive in the area

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Retirement

Financing available:

There is no owner financing available