Established Orlando Electrical Contractor and Panel Fabrication Shop

Orange County, FL

Seller Financing Available
Sample panel

Asking Price:$190,000

Cash Flow:$53,043

Gross Revenue:$308,187





Established Orlando Electrical Contractor and Panel Fabrication Shop

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Business Description

Established control panel fabrication & distribution company and an electrical contractor with a strong history of quality work. The panel shop is Certified and can create new panels or upgrade existing panels to meet UL 508A Standards. The company also does the installations. Seller currently operates off of word of mouth and turns away work on a regular basis.

This business is positioned well as an add on for an existing platform and revenues can be scaled upward very easily. Prospective buyers will need to execute an NDA and personal profile prior to additional information being disclosed.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The business operates out of a 3000 sq. ft. office/warehouse that is owned by the seller. Seller will negotiate lease terms with buyer. Rent $1700 per month.
The business is multifaceted as it has an ETL certified panel shop that can fabricate control panels to UL 508A standards. It is also a distributor of control panels and operates as an electrical contractor in the Central Florida Area.
Growth & Expansion:
The business does no marketing and has numerous offers for additional work throughout the year as a commercial electrical contractor. Organic growth can be achieved very easily without the use of marketing. An active marketing/bid search campaign would accelerate growth. The seller has previous years revenues between $1MM and $2MM when he has actively bid work.
Support & Training:
Seller will support a new buyer with 2 weeks of training at no cost. Additional time can be negotiated with the seller. Seller is willing to negotiate terms to be the license qualifier for the electrical contractor aspect of the business for a short period of time until the buyer can obtain their own license or locate a permanent qualifier. No license is needed to fabricate the control panels.
Reason for Selling:

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Herb Stewartson

Business Listed By:
Herb Stewartson

Florida Business Exchange, Inc.

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Sponsoring Broker:
A. Bert Risdon, B.C.I.

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