Price Reduced! NW IA Electrical Contractor

IA (Relocatable)

Price Reduced! NW IA Electrical Contractor
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Asking Price: $499,000

Cash Flow: $357,900

Gross Revenue: $844,293


FF&E: $266,168

Inventory: $38,160*

Established: 1950

*not included in asking price.

Price Reduced! NW IA Electrical Contractor

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Business Description

This electrical contracting business bids on commercial projects, residential projects and Ag/Farming projects. Depending on the year, nearly 80% of the revenue stream is produced from commercial projects. This business has been built by providing excellence in customer service. A professional approach in all aspects of the business as well as being available around the clock for emergency situations.

Detailed Information

Not included in asking price
4 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The current facility is sufficient for the company's demand. The current owners would prefer to sell the building with the business, however a lease may be considered for the right buyer. The Real Estate is not included in the selling price of this business.
There is competition in this market. With that said, this company has been established for many years and has excellent "top of mind" awareness throughout their current service area.
Growth & Expansion:
In and around this community there seems to always be growth whether it comes from commercial bids, Ag bids or residential bids. The current owners have taken great care of their customers and forged strong relationships in attempts to maintain and grow the company over the years. The buyer, of this opportunity, will walk into a well established business. Growing this company will depend on the buyer's leadership skills and an organized plan.
Support & Training:
Will train for 4 weeks @ $0 cost.
Reason for Selling:
1 owner is looking to retire. Other owner would like to stay on for a couple yrs
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Bryan Mulder

Business Listed By:
Bryan Mulder

Murphy Business & Financial Corporation

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Sponsoring Broker:
Calvin Breske

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