Summary
- Asking price:
-
$2,100,000
- Sales revenue:
- $2,500,000
- Net profit:
- $585,000
- Years established:
- 31
- Employees:
- 22+
Business description
This business is a "silent giant", on the South Carolina Coast. This company has continued to grow and prosper, with sales up year after year, to include a solid 2007 at $500K plus cash flow. This is a strong opportunity for an Electrical, HVAC, or Service company, or "wise" investor, to take this profitable business to the next level. Owner maintains a valuable "Unlimited Contractors" License, that could be an instrumental part of a purchase equation. All serious inquiries will be required to submit an NDA and Confidentiality Agreement.
Property information
- Real Estate:
- Lease
- Lease terms:
- Attractive lease, with options.
- Location:
- This business is positioned in an excellent location, with low overhead, 1700 square feet facility, 50' x 100' storage for numerious company vehicles.
Other information
- Expansion potential:
- The Company is in a solid financial position, that is poised for expansion and diversification in both North and South Carolina.
- Competition / Market:
- This business is in a league of its own! Reputation and work product in the marketplace are well known, and above reproach.
Company well known in the industry, both in North Carolina and South Carolina.
- Support & training:
- Owner to provide thorough training for up to one year. In addition, owner would entertain serving as a consultant, on an as needed basis, or in a capacity, that the new owner could benefit from, in their business plan.
- Reasons for selling:
- Retirement, from 31 successful years in business.
- Financing available:
- Pre-Approved for SBA Loan.
- Furniture / Fixtures value:
- $211,000