Electrical Contractor Business For Sale- Established & Profitable!

IA

Electrical Contractor Business For Sale- Established & Profitable!
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Asking Price: $594,000

Cash Flow: $183,577

Gross Revenue: $1,014,044

EBITDA: $183,577

FF&E: $225,000

Inventory: $150,000

Real Estate: $275,000*

Established: 1988

*not included in asking price.

Electrical Contractor Business For Sale- Established & Profitable!

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Business Description

This is a great opportunity to buy a profitable, established business for sale. This turn-key, successful electrical contractor business is located in Eastern Iowa. The current owner acquired the business 1995 and has successfully grown it by creating a niche market and providing excellent service which results in repeat customers and referrals.

This is a complete electrical contracting business that also offers generator sales which offers growth potential. This electrical contractor business offers steady work all year. It could easily support more employees to handle the continued growth opportunities.

The owner is wishing to retire and is looking for a qualified buyer. Candidates for this opportunity might be an individual with a background in management and electrical knowledge who would operate and manage the business day to day. Other candidates could be existing electrical contractors who have experienced management that could expand their footprint in the marketplace and acquire their strong referral and repeat customer base.

All furniture, fixtures and equipment as well as inventory will be included in the sale. The owner is willing to help train during a transition period to be agreed upon with the new owner. Reliable, non-union technicians are expected to remain in place for a new owner.

Real Estate is available with this opportunity. It offers a turn-key office space/warehouse as well as an apartment with rental income available. Fair market value of real estate is an additional $275,000.

For more information about this exceptional electrical contractor business for sale opportunity, please contact one of the following or a Non-Disclosure Agreement:
Megan Cox at megan.cox@sunbeltnetwork.com or 563-940-1255 or
Cliff Avon at cliff.avon@sunbeltnetwork.com or 563-940-7980

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,200
Employees:
6 FT (non-union)
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Retirement
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Megan Cox

Business Listed By:
Megan Cox

Sunbelt Business Brokers of the Quad Cit

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Sponsoring Broker:
Milton Anderson, CBI

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