Electrical Contractor – Be Your Own Boss or Expand Your Business!

Basalt, CO (Eagle County)

Seller Financing Available
Electrical Contractor – Be Your Own Boss or Expand Your Business!
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Asking Price: Get Financing: $275,000

Cash Flow: $160,000

Gross Revenue: $285,000

EBITDA: N/A

FF&E: $32,500

Inventory: $32,500

Established: 1966

Electrical Contractor – Be Your Own Boss or Expand Your Business!

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Business Description

Electrical Contractor – Be Your Own Boss or Expand Your Business!

Excellent opportunity to be your own boss or add-on to your existing company. Locally respected electrical business for over five decades with a loyal client base. Residential, commercial, service, new construction/remodels, repair and maintenance services. Currently with one full-time electrician and part-time bookkeeper, the next owner can increase revenues by bidding larger jobs and adding employees. Seller will work with new owner for as long as needed to transfer relationships and ensure existing clients are well taken care of in the future.

Detailed Information

Inventory:
Included in asking price
Employees:
1 FT, 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business is operated out of 1,000 sf leased office/warehouse and truck.
Competition:
Other electrical contractors, large and small operate in the area served by the company, but the owner is generally busy with work from established clients. The company competes on the basis of its 52 years of experience, quality of work, professionalism and credibility.
Growth & Expansion:
Opportunities for growth through increased marketing (website, social media), networking with general contractor and bidding more jobs. Current owner had more employees in the past, but transitioned to sole electrician over time.
Financing:
The Seller will entertain offers of varying financial and legal structures.
Support & Training:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Reason for Selling:
Retirement
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Charles Spickert, CBI

Business Listed By:
Charles P. Spickert, CBI

Touchstone Business Advisors

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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