71200-Commercial-Residential Electrical Wiring Services

AZ

71200-Commercial-Residential Electrical Wiring Services

Asking Price:$1,300,000

Cash Flow:$306,000

Gross Revenue:$3,705,000

EBITDA:$276,000

FF&E:$750,000

Inventory:$55,000

Rate/Sq. Ft.:N/A

Established:1979

71200-Commercial-Residential Electrical Wiring Services

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Business Description

Servicing Northern Arizona, this specialty contractor performs all types of electrical installation and repair services for residential (22%), commercial and industrial (78%) construction projects. The company specializes in the design and installation of wiring for lighting, heating, solar systems, pools and spas, back-up generators, and the service and maintenance of all electrical systems, from low to high voltage. Offering these services require a facility to store equipment and company vehicles, and licensed personnel to perform these services. Established over 35 years ago, the company has a proven track record, supported by the many commercial, and institutional customers it has maintained over the years. Commercial wiring installation accounts for approximately 68% of services. The remaining services are broken down as follows: Residential maintenance 15%, service-commercial/industrial 10% and solar systems & maintenance 5%.

The company uses a variety of advertising mediums including local paper, sponsorship of local events, and maintenance of their company website and Facebook page. However, the most effective means of advertising for the company are referrals from its previous and existing customers. With management already in place, this company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. The current owner is approaching retirement and ready to see a new owner take the company to the next level. For full details, contact IAG offices today!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The leased 4,000 square foot is part of a 13,000 square foot building. The business also uses an acre of land on the side of the building to park its larger equipment, trucks, and trailers. Valued around $2,000,000, the property is available to lease, or purchase with established rental income.
Competition:
60% repeat clientele.
Support & Training:
While the owner is approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason for Selling:
Approaching retirement.

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IAG

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