Tri-State Electrical Contracting 30 years

Phoenix, AZ (Maricopa County)

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Asking Price: Get Financing: $1,800,000

Cash Flow: N/A

Gross Revenue: $4,182,667

EBITDA: N/A

FF&E: $300,000

Inventory: N/A

Real Estate: N/A

Established: 1988

Tri-State Electrical Contracting 30 years

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Business Description

Commercial Tri-State Electrical 30 years Seller Retiring SBA Available

This successful Contracting business began in the late 80’s. The Company is well known and fully staffed to handle large projects in CA, NM and AZ such as water treatment plants, schools, Federal buildings and retail locations. 100% Commercial – all bid work. Approx. Low Voltage = 35% Electrical = 65% The company provides all electrical services from Design to build; voice-data, Fire Alarm, Security, intercom systems and TV hookup. Too much work to handle. There are 3 key employees Seller feels should have an employment agreement with new Buyer prior to closing. Owners cash flow already exceeds 686K Jan-Sept 2018. Seller is turning down jobs and ready to retire. Buyers must have a strong transferrable experience, ample credit and 10% -20% liquid cash down for SBA financing. Qualified Buyers with 350K+ cash down and transferrable experience please contact Susan@wcibroker.com

Attached Documents


Detailed Information

Real Estate:
Owned
Building SF:
N/A
Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Seller will lease space to a new owner
Competition:
Currently no Residential work and turning work away
Growth & Expansion:
Jan-Sept 2018 sales = 3.137M Jan-Sept OCF = 686,340 WIP sheet as of October shows over 1.3 M in Gross Profit expected
Support & Training:
Yes. Seller is seeking a smooth transition
Reason for Selling:
Retiring
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(from currently available funds)
 
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Susan J. Tanko-Manogue

Business Listed By:
Susan J. Manogue

Susan Juanette Tanko P.L.L.C, WCI Broker

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