Just Reduced! Established Electrical Contractor for Sale

Du Quoin, IL (Perry County)

Seller Financing Available
Great regional presence and profit! What are you waiting for?
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Asking Price: $625,000

Cash Flow: $146,616

Gross Revenue: $491,688

EBITDA: N/A

FF&E: $46,834

Inventory: $152,000

Real Estate: $140,000

Established: 1995

Just Reduced! Established Electrical Contractor for Sale

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Business Description

McIntire Electric Inc. has been providing Du Quoin, Illinois, and the surrounding southern Illinois region with solid electrical knowledge and products since 1995. The location itself boasts a shop with an additional parking lot and an apartment.

McIntire Electric has been the go-to electrical contractor for big projects for the entire southern Illinois region. Additionally, McIntire is an Ameren Ally in Illinois. This program allows homes and businesses to build or retrofit with energy efficient products while covering part of the cost. This is a great sales tool and co-op advertising opportunities are available as well.

This business is currently in operation and going strong and looking to transition to a new owner.

Detailed Information

Location:
Du Quoin, IL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,000
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Rental income with existing remodeled apartment in back of office building. Facilities include office, warehouse, workshop, and showroom with retail supplies. In addition to the facility itself, an extra lot is included which has ample parking.
Competition:
This business is very successful and has a strong, reliable customer base for the entire southern Illinois region.
Growth & Expansion:
McIntire Electric does not do any type of marketing. Word of mouth maintains a large sales revenue stream. The addition of a website and social media marketing could increase the existing profits exponentially. The Ameren Ally program could also be ramped up and could take advantage of co-op marketing opportunities.
Financing:
With significant down payment and short payoff term.
Support & Training:
Owner David McIntire, seasoned electrical contractor, is willing to provide assistance in the transition as well as stay on as an employee, if needed.
Reason for Selling:
Owner has experienced some health problems and is ready to retire.
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Robyn Russell

Business Listed By:
Robyn Russell

Russell Business & Financial

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