Electrical Contractor with 730K Cash Flow For Sale

Lee County, FL

Seller Financing Available
Electrical Contractor with 730K Cash Flow For Sale
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Asking Price: $2,700,000

Cash Flow: $730,317

Gross Revenue: $11,432,450

EBITDA: $653,166

FF&E: $685,782

Inventory: $187,316

Rent: $5,100 /Month

Established: 2011

Electrical Contractor with 730K Cash Flow For Sale

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Business Description

Electrical Contractor with great reputation in Southwest Florida region offered at $2,700,000. Offering includes $686K in FF&E and $187K of Inventory, full bench of competent staff, consisting of skilled/experienced techs, installers, and administrative staff. With several very large, recurring, and referral-based customers in the books, the business is experiencing exponential growth Year Over Year, and is poised to continue its upward trajectory.

Note: Owner’s Benefit is $730k at the end of 2018. For the right buyer, the seller will consider holding a note for a small portion of the transaction.

Due to the unique nature of this business and the variety of acquisition structures that the Seller is willing to entertain, it will be assumed that the Purchaser and/or advisor of the Purchaser will possess sufficient financial sophistication to determine value and submit an offer to purchase.

Detailed Information

Location:
Lee County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Employees:
105
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Business has very few competitors that can service the same scale of work, and their reputation stands out as the best for quality, service, and professionalism. While the competition struggles to find labor, this business has a waiting list of potential employees who are eager to work for this company.
Growth & Expansion:
There is tremendous opportunity to grow and expand the company, as the company has never spent a dime on advertising.
Financing:
For the right buyer, the seller will consider holding a note
Support & Training:
Sellers are open to discuss staying in place and training the new owners for as long as necessary, as to provide for a smooth transition post sale.
Reason for Selling:
Semi-Retirement—Pursue New Ventures outside of Electrical Contracting
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Steve Moore

Business Listed By:
Steve Moore

Sunbelt Business Brokers of Naples and Ft. Myers

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Sponsoring Broker:
Joe Alter

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