Very Profitable Electrical Contractor


Very Profitable Electrical Contractor

Asking Price:$825,000

Cash Flow:$282,844

Gross Revenue:$985,591





Very Profitable Electrical Contractor

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Business Description

This business is an Electrical Contractor providing electrical contracting and maintenance work to industrial and commercial accounts in Western Virginia. The Company is known for its quality work, has strong name recognition within its market, is well established, and produces significant profits. This is an excellent opportunity for an individual or company to purchase a proven, well-tested business, and immediately earn profits.

HISTORY: The seller started the business in 1973, and grew revenues by ensuring the highest quality work possible and expanding services to provide one-stop-shopping for their clients. The business has steadily grown and the company is now the premier electrical contractor in its market. It provides commercial and industrial electrical contracting, and equipment installations for industrial manufacturing and new commercial construction. As a result of their proven quality work, over fifty percent of new work received is obtained on a time and material basis.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
4,500 square foot office and warehouse located on 1.7 acres. Owned by the seller and will lease to a new owner.
This electrical contractor is deeply entrenched with its customers having a long term relationships. Most work is based on time and materials and not bid work. Due to their proven track record, will make it difficult for a competitor to move in.
Growth & Expansion:
Many growth opportunities with large commercial and institutional businesses in their area that have not been pursued for additional business.
Support & Training:
Will train at no charge for 30 days. For time beyond initial training period, seller and buyer will negotiate a consulting agreement.
Reason for Selling:
Owner retirement

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Thomas P. McCann

Business Listed By:
Thomas P. McCann

The McCann Company

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