Important Electrical Contracting Company With Recurring Revenue Contracts For Sale

Business description

Uniquely successful electrical contracting company has recurring revenue with major apartment building management companies.
The current owner is a partner in the management companies assuring the ongoing continuation of the recurring revenue contracts
This company has grown consistently since it's inception in 1990.

Property information

Premises details:

Lease expire: 1/31/2019
Option: needs new building for expansion
Lease terms: lease can be broken anytime
Lease security: $5,000
Monthly rent: $2,300
Square footage: 2000
Facilities: located in a small building owned by the present owner . The business can be easily re-located

Other information

Expansion potential:

Located in a small building owned by the present owner . The business can be easily re-located
Poised for amazing growth, well known in the area.

Competition / Market:

No competition within its business circle as it has contracts with its clientele.

Support & training:

Seller will completely train owner qualifications: electrician's license a plus

Reasons for selling:

Seller is retiring

Trading hours:

8-430 M-F

Owner financing:

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

Financing available:

50% down- seller will finance the rest

Furniture / Fixtures value:

$247,000 (included in the asking price)

Inventory / Stock value:

$175,000 (included in the asking price)