#1251-Thirty-Eight Year Old Electrical Contracting Co, Hunterdon Co NJ

Hunterdon County, NJ

#1251-Thirty-Eight Year Old Electrical Contracting Co, Hunterdon Co NJ
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Asking Price: $525,000

Cash Flow: $267,000

Gross Revenue: $1,588,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

#1251-Thirty-Eight Year Old Electrical Contracting Co, Hunterdon Co NJ

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Business Description

A 38 year old electrical contracting company, located in Hunterdon County, New Jersey, with repeat customers has come on the market. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $81,000 as a down payment, and based on historical data, would make $160,000 in the first year after paying back the loan. An electrical contractor’s license is not required to own this business. The loan includes $150,000 of working capital from the bank.

Detailed Information

Support & Training:
Owner is willing to train. An electrical contractor's license is not required to own this business.
Reason for Selling:
Owner looking to retire.
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Benjamin Ross Group Business Brokers

Business Listed By:
BenjaminRossGroup

Benjamin Ross Group

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