Electrical Contractor

Sarasota County, FL

Seller Financing Available
Electrical Contractor
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Asking Price: Get Financing: $1,900,000

Cash Flow: $503,447

Gross Revenue: $5,981,163

EBITDA: N/A

FF&E: $127,964

Inventory: $400,000

Lease Rate: $0.67 /SF/Month

Established: 1998

Electrical Contractor

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Business Description

Long established electrical contractor known for their prompt and highly competent service staff. Technician team is capable of design and installation for new residential, commercial and industrial construction as well as remodeling, build-outs and service. 90% of customers are repeat customers. New business is generated from many years of referral relationships. Opportunity to grow by aggressively increasing staff to meet unmet demand and to market service work and other emerging electrical needs.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,663
Lease Expiration:
10/31/2021
Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Stand alone industrial building.
Growth & Expansion:
Opportunity to grow by aggressively increasing staff to meet unmet demand and to market service work and other emerging electrical needs.
Financing:
SBA lender pre-approved
Support & Training:
Four weeks of transition assistance free of charge
Reason for Selling:
Retirement
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(from currently available funds)
 
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Eric Gall

Business Listed By:
Eric Gall

Edison Avenue

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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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