Electrical Contractor new homes $2.2m In Backlog with terms

Tavares, FL (Lake County)

Electrical Contractor new homes $2.2m In Backlog with terms
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Asking Price: Get Financing: $300,000

Cash Flow: $357,000

Gross Revenue: $2,380,000

EBITDA: N/A

FF&E: $100,000

Inventory: $50,000*

Established: 2000

*not included in asking price.

Electrical Contractor new homes $2.2m In Backlog with terms

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Business Description

This business is for an electrician who wants to take over an established business with a backlog of work and the goodwill of a company that can get plenty of additional new construction work. They only do about $180,000 of service work as it is is very spotty and not reliable. If you are an electrician and want to jump-start your business and pick up over two million new construction work that is ongoing an on the table at this very moment now is the time to move. In a years time, it will not be there. You are buying at least $375,000 of profitability for $150,000 down and the continuing work that is coming in as well as training in this field if required

Detailed Information

Inventory:
Not included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Seller just has a storage unit and a yard at his own property to store some of the parts and equipment that could be purchased if required.
Competition:
Very little competition in the new construction side of the business but a lot on the service side which this business does very little of as it is not reliable whereas new construction is there every day.
Growth & Expansion:
New construction is booming in Central Florida and seller can get all of the work he requires, finding the people to do the work is the problem.
Financing:
Seller will carry back $150,000
Support & Training:
Seller will train a buyer in new construction electrical work if required.
Reason for Selling:
To move back up North
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John Price

Business Listed By:
John Price

John Price Broker & Associates

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