Electrical Contractor In Pennsylvania For Sale

Business description

The Company is an independently owned electrical contractor primarily providing services to commercial clients for new construction, remodeling and service retail projects. The Company is award winning small business with local, statewide and most impressively national recognition in the areas of safety, personnel, and marketing. All technicians are employees of the company and non-union. The Company only uses subcontractors for excavating, concrete cutting or patching and fire alarm installation. The Company offers its employees a comprehensive benefits package. The Company has an extensive Employee Handbook of policies and procedures which is meticulous and detailed.

Property information

Real Estate:

Real Property Included

Location:

The business property is owned by the owner of the business and leased to the corporation. The rent expense to the business is documented with a formal lease agreement. The land is 46,800 square feet or 1.07 acres. The property is zoned Commercial and on a heavily traveled suburban roadway. On the land resides a one and a half story stone building that serves as the main office for the business The building is approximately 2,136 square feet. The building is heated and cooled by an electrical heat pump system but access to natural gas is available. Water is well. The office is completely wired for a PBX telephone system and CAT 5 cabling for server connection and Internet access.

Other information

Expansion potential:

The ideal buyer for this business is the owner of an “allied” Company such as a commercial developer, home builder, home or commercial improvement contractor, HVAC Contractor, and Plumbing contractor serving Central Pennsylvania. Another strong buyer would be a Company that owns an electrical contractor outside of Central Pennsylvania and is looking for a new market for acquisition. The right buyer might also be an individual with a strong business background with corporate or small business management experience. A background in any staffing related service business is a plus. Experience in the electrical contracting business is not required.

Reasons for selling:

The owner wishes to pursue other professional interests. The owner will agree to provide transitional support post settlement as part of the purchase agreement. The owner will consider a longer term consulting agreement with the buyer with terms and conditions to be determined post settlement. The owner will agree to a non-competition agreement as part of the purchase agreement.

Trading hours:

Normal Business Hours

Financing available:

The purchase of this Company may qualify for traditional commercial lending with a Federal Small Business Administration (SBA) 7(a) or 504 loan program guarantee to the lender. The purchase of this business may qualify for lending programs offered by small business economic development corporations (SBEDC) such as CREDC.The owner will consider some seller financing for highly qualified buyer for the business only.