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Advert Ref: 35525

Commercial Electrical Contractor For Sale

Details: Asking price:$2,650,000; Sales revenue:Undisclosed; Net profit:Undisclosed; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: This electrical contracting business was founded in 1997. They operate from 5 to 7 days a week with 12 full-time employees. The new owner is required to have an Unlimited Electrical Contractors License to operate the business. The current owner runs the business in an absentee manner. The business has a well established client base and an excellent reputation for referral business. The present owner will stay on through a reasonable transition period to acclimate you to the business, the employees and clientele. Call now for more information about this lucrative business opportunity.

General information: Years established:11; Employees: 12; Real Estate: Real Property Included; Location:This 11,600 sq. ft. single level building was built in the mid 80’s and is owned and included in the sale. It is located on 2.285 acres and the building is in good overall condition. There is ample room for expansion at the current site. The business is on a city frontage street with high traffic location and good visibility.; Expansion potential:Growth and expansion can be obtained by expanding into the residential market. The sales with this company could easily increase by implementing a more aggressive outside sales or marketing effort as well as expansion into a larger geographic region surrounding the current one. Lateral markets of which the business could expand is the on-demand electrical supply business for both the commercial and residential industries, meaning sales service and installation of back up generators for these markets.; Competition / Market:There is some competition in this area.; Support & training:Owner agrees to stay through a reasonable transition period.; Reasons for selling:Retirement; Financing available?There is some owner financing possible for the right buyer.