Electrical Contractor: Make Offer-Owner Anxious to Retire

IL

Seller Financing Available
Electrical Contractor:  Make Offer-Owner Anxious to Retire
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Asking Price: $449,000

Cash Flow: $115,000

Gross Revenue: $805,000

EBITDA: N/A

FF&E: $174,000

Inventory: $145,000

Real Estate: N/A

Established: 1950

Electrical Contractor: Make Offer-Owner Anxious to Retire

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Business Description

This electrical contracting business enjoys an excellent reputation and serves the residential and commercial customers in its hometown and numerous surrounding communities. The owner seeks to retire after many years of service. 3000+ active customers Make Offer!! The owner is anxious to retire. Seller financing available. Real estate is also available.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building in which the business is located has 24,540 sq. ft. The company occupies 9,540 sq. ft. with 7,500 sq. ft. as warehouse space and 2,040 sq. ft. for their office. The remaining 15,000 sq. ft. is leased to another business. The entire building can be purchased. The lease rate for the space occupied by the seller is: $2.50 a square ft. The owner will also sell the building. All equipment and vans are in excellent condition.
Competition:
Normal market competition. Excellent location
Growth & Expansion:
The market is a healthy, growing market. The company enjoys an outstanding reputation. There is a major opportunity for a proactive sales effort. It has a unique repair business that generates leads , many of which the owner has failed to followed -up. The unique repair business could be a stand-alone internet business. The LED market will be a growth opportunity. The company has not maximized the natural gas home generator business and the technicians are certified for these products. The key employee is experienced in managing, contracting and bidding. There is an adequate pool of electricians to handle expansion. Major future growth opportunities in the emerging retrofit business for SOLAR (Panels, Roofing, Windows etc.) 3000+ Customer list Union Technicians
Financing:
Seller will consider
Support & Training:
Owner will provide transition training and assistance
Reason for Selling:
Owner seeks to retire
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Contact the Seller

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Steve Sink    Lifetime CBI&M&AMI

Business Listed By:
Steve Sink, CBI-M&AMI

Phoenix Affiliates

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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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