Mechanical And Electrical Contractor In Pennsylvania For Sale

Business description

A premier central Pennsylvania commercial contractor in the electrical, mechanical, HVAC and plumbing fields is available to grow your business in 2012. This acquisition would be an attractive way to expand with commercial customers, or to expand geographically into central Pennsylvania.
Sales were UP 11% to $10.1 million in 2011. The Contract backlog for 2012 is already $7 million and the business is actively bidding work.
The company has an experienced, highly-skilled non-union workforce that has built a reputation for productivity and quality workmanship with its customers.
The business has these substantial assets included in the sale: accounts receivable, inventory, prepaids, leasehold improvements, furniture and equipment, vehicles, contracts in progress, customer lists, personal and corporate goodwill, company name, trade name and trademarks.
Summary financial results for 2011 were: Sales-$10,175,759; adjusted Cash Flows-$796,218.
An existing well-maintained location is available for lease, or purchase, from the sellers. Some seller financing is available to a qualified buyer.

Please contact Mr. Bruno S. Schmalhofer for further information

Business Operation

Reasons for selling:

Retirement.

Employees:

40

Years established:

1973

Other information

Support & training:

Owner will provide training and support.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Negotiable.

Furniture / Fixtures value:

$310,000 (included in the asking price)

Inventory / Stock value:

$110,000 (included in the asking price)