Electrical (Union)Contractor #19812 " SALE PENDING"

RI

Electrical (Union)Contractor #19812
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Asking Price: $950,000

Cash Flow: $374,845

Gross Revenue: $5,301,736

EBITDA: N/A

FF&E: $125,000

Inventory: $10,000

Real Estate: $400,000*

Established: N/A

*not included in asking price.

Electrical (Union)Contractor #19812 " SALE PENDING"

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Business Description

Long established business servicing both RI and MA. The company focuses on commercial customers for general commercial electrical construction, overhead lines, power houses and high voltage underground electric construction. The company does not do residential electrical work.
The company is a union electrician operator in MA& RI.
The company employs master, journeyman and apprentice electricians with licenses in RI and MA. Their commercial customer base includes large resorts, corporations, hospitals and universities to name a few, some of which have long-term maintenance contracts.
The seller wishes to retire.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The owner has operated the business for many years at the same facility in RI. The 5,000 SF building is centrally located. The real estate may also be purchased and is valued at $400,000 plus.
Growth & Expansion:
The business enjoys a very good reputation in the industry and acquires most of it’s business based on their long-time relationships and by word-of-mouth.
Support & Training:
As needed for a smooth transition.
Reason for Selling:
Retirement
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Adam Bradshaw

Business Listed By:
Adam Bradshaw

The Nery Corporation d/b/a Coastal Business Brokers

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Sponsoring Broker:
Kevin Nery

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