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Commercial Electrical Contractor

Point Clear, AL (Baldwin County)

Commercial Electrical Contractor
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Asking Price: N/A

Cash Flow: $585,003

Gross Revenue: $2,912,536

EBITDA: N/A

FF&E: $660,000

Inventory: $3,000,000*

Established: 1993

*not included in asking price.

Commercial Electrical Contractor

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Business Description

Reviewed financials. 29% net profit margins. Licensed in 12
southern states. Owners have a combined service record of
over 100 years of experience. Certified and own an in-house
apprentice program. Backlog of work approximately equal to
prior year s revenue. Debt free, including a C Corporation
coupled with a LLC. Reputation and relationships with local
large General Contractors is excellent. Customer base
includes Lowe s, Home Depot s, several large banks, food
stores, municipalities, automotive dealerships and all
commercial buildings. Company uses the completed contract
method for income tax purposes. This may create temporary
timing differences in revenue recognition between the
percentage-of-completion method use for financial statement
purposes.

Detailed Information

Location:
Point Clear, AL
Inventory:
Not included in asking price
Employees:
31
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Negotiable
Reason for Selling:
Retirement
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(from currently available funds)
 
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Dock Reed,

Business Listed By:
Dock Reed, President - CEO

The Reed Group, Inc.

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