Electrical Contractor, Home Automation, AV, Commercial Focus

King County, WA (Relocatable)

Seller Financing Available
Electrical Contractor, Home Automation, AV, Commercial Focus
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Asking Price: $345,000

Cash Flow: $214,153

Gross Revenue: $750,121

EBITDA: N/A

FF&E: $35,000

Inventory: $7,500

Rent: $1,450 /Month

Established: 2005

Electrical Contractor, Home Automation, AV, Commercial Focus

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Business Description

Great systems in place, poised for growth, owner moving out of state!

There are contractors, and then there is this premium electrical contracting company! With a focus on home automation, advanced project management, team management their clientele and average project cost is above the industry average. Advanced software makes management, customer satisfaction and project efficiency a breeze compared to competition.

This business is available for purchase only due to owners relocating out of state, buyer should have familiarity with project management or contracting work. This business has been built with a SOLID foundation of systems to manage the team and projects, increasing profitability and sales year over year.

With one small setback in 2017 resulting from a failed venture with a sub-contractor (reflected in the financials), this business is primed to continue with revenue growth, and to continue producing healthy profit from their core focus of commercial projections, home automation, and AV. Serving as a sub-contractor on many projects marketing expenses are minimal, and there is room for growth through multiple avenues.

This business would be a great investment for a new owner operator, or a strong acquisition for a competitor looking for strategic growth. Buyer will need Electrical Admin license (8 hour state test), or to hire out for that role.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
475
Lease Expiration:
8/1/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Current ownership has been focused on the long term growth of the business. Having strong systems, personnel and GC relations in place, they would not be selling if not for their relocation out of state. New owner can continue with plan for growth, or continue running an efficient business with natural growth and six figure income. Sales and project bidding Company management of personnel and projects Billing (with support of Admin) Material orders and light project management
Growth & Expansion:
Continue developing and deepening General Contractor relationships Team expansion and hiring Paid advertising for residential projects
Financing:
200000.00
Support & Training:
4 weeks
Reason for Selling:
relocation
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Kevin Moen

Business Listed By:
Kevin Moen

Transworld Business Advisors Renton

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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