Established and Profitable Electrical Company

Renton, WA (King County)

Established and Profitable Electrical Company

Asking Price:$237,000

Cash Flow:N/A

Gross Revenue:$758,898

EBITDA:N/A

FF&E:N/A

Inventory:$7,500*

Rate/Sq. Ft.:$0.69

Established:1979

*not included in asking price.

Established and Profitable Electrical Company

Get Financing Save Print Share Valuation Report

Business Description

37 Year Electrical Contractor-Time is now, RETIRING

Started in 1979 and after 37 years it is finally time for the last curtain call. The seller has decided to take his final bow. Over the years he has established a well-known and respected Electric company that has value that cannot be measured in dollars. Staff and the community alike have nothing but good things to say about this business. The most important part about this is that there is still lots of life and money left in this business. Last year alone there were profits (cash in the owner’s pockets) of $158K. Assets include lots of electrical equipment and a couple of vans to start with. They run out of an office with a reception area, small office and a warehouse with a drive up door. The office is available to lease in the deal but not required, it though is in an excellent location and rents out at $1092.00 plus NNN. If you ever wanted to go into business for yourself no better way than to jump in with someone’s great name, the phone calls alone that come in are worth it. Or maybe you are already in business and want to pick up his phone number and the connections he has established over the 37 years. This is a total turnkey operation. He does currently have licensed electricians that would stay on board and someone would need a general contractors license in order to run the operation.

I would be happy to answer any questions you have an introduce you to the seller for a walk through, let’s get a non-disclosure signed and go from there. You could ring in the new year with greater income potential.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,575
Lease Expiration:
6/30/2017
Employees:
7
Reason for Selling:
Retirement
Franchise:
This business is an established franchise

Listing Statistics for Premium Members

Ad#:1310843 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Mary Keller Wynn

Business Listed By:
Mary Keller Wynn

Keller and Wynn Commercial Partners

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Transworld Business Advisors

Franchise Opportunity In WA
Capital Required: $39,500