Southwestern OH Electric Contractor For Sale

Business description

This Southwestern Ohio electrical contractor has had a long history of success which has resulted in increased cash flow each of the last 3 years. 2010 sales of over $1.75 million in a down economy produced cash flow exceeding $343,000. The asking price includes surplus tools and equipment in place with current value in excess of $250,000 which would enable a buyer to expand rapidly. This company excels because of its reputation and 15 year history of high performance which has resulted in a strong client list and established long term relationships. Very high customer satisfaction and low employee turnover have made the company a reliable partner and resulted in strong repeat business. The company is on the bidders list for many major businesses in the region. Their full time staff includes only employees who excel at their craft. They perform work in the commercial, light industrial, and agricultural industries. The company maintains excellent financial records which will prove all the above claims. This is a great opportunity for an electrician looking to work independently or an out of state electrical contractor that wants to expand their current operation.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Trading hours:

Normal business hours

Employees:

6

Years established:

14

Other information

Support & training:

Seller will stay on as long as necessary to ensure the success of the buyer.

Furniture / Fixtures value:

$250,000 (included in the asking price)

Inventory / Stock value:

$50,000 (included in the asking price)

Relocatable:

This business can be relocated.