Electrical Contractor/Traffic Signal Construction

Baltimore, MD (Baltimore County)

Seller Financing Available
Electrical Contractor/Traffic Signal Construction
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Asking Price: $1,150,000

Cash Flow: $250,000

Gross Revenue: $3,000,000

EBITDA: $250,000

FF&E: $1,000,000

Inventory: $80,000

Rent: $4,000 /Month

Established: 1980

Electrical Contractor/Traffic Signal Construction

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Business Description

Successful 40 year electrical contracting firm specializing in one business aspect only-electric traffic signal construction. Business primarily is done in the state of MD but services can be provided to other states. Business offers a detailed certified financial statements for 2017 and 2018. Office and warehouse located in the Baltimore area.

Detailed Information

Location:
Baltimore, MD
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
4/26/2024
Employees:
21
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Operates a office and warehouse in a 6000 square foot building. Lease also inlcudes a large "yard area" for trucks and equipment.
Competition:
This is a hard business to "start up". Obviously there are other companies that we compete with but only a few and there is plenty of work.
Growth & Expansion:
Seller has been in a "semi retired" mode doing business only in the immediate Baltimore area. In the companie's peak, he was registered in PA, DE, NJ and VA.
Financing:
Possible 10% to help with bank down payment
Support & Training:
At least 30 days. This can be discussed.
Reason for Selling:
Retiring after 40 years
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Mike Saedlo

Business Listed By:
Mike Saedlo

Mike Saedlo Group, LLC

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