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Business For Sale
ELECTRIC CONTRACTOR
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Asking Price: |
$1,730,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Retirement |
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Year Established:
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1997 |
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# of Employees:
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17 |
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Yearly Revenues:
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$3,106,098 |
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Yearly Cash Flow:
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$599,176 |
Business for Sale Overview:
This electrical contractor performs commercial, residential, service and low voltage electrical work (security, alarm, computer networking and sound systems) for a large area in Montana. It is one of the older, more established and best known electrical contractors in the region.
Who should inquire about this business? Those with construction/electrical contracting/networking experience who also have a management background. You should have available cash of at least $178,00 for down payment funds plus working capital. An additional home equity line of credit would be helpful. The Buyer will need excellent credit to qualify for an SBA loan for the majority of the purchase price.
The Seller may provide a limited amount of Seller financing. Please see our website: www.bizadvocates.com
Property Features and Assets:
The facility is ideal for the business with offices, conference rooms, storage and shop . Real property is not included in the sale; however, the current owners are willing to negotiate an acceptable lease with the entering party; based on the expense guidelines of the third party appraisal.
Market Competition and Expansion:
Competition is relatively strong in the area but the business has unique licensing which gives it an edge over the competition. Buyer may not have to have 'Master' license based on experience. Both remodeling and service work remain strong in the region with a slight slowdown in residential and commercial construction at the present time.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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