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


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

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
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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