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Asking Price:	$500,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Electronics
Reason for Selling:	Retirement
Year Established:	1960
# of Employees:	14
Yearly Revenues:	$824,067

Business for Sale Overview:

Established since 1960, this company manufactures, installs, and services electrical panels and systems for commercial apllications. They are electrical contractors for North and South Carolina as well. Located in Charlotte, NC a high growth area, this company has excellent name recognition. Prior to the owners retiring 4 years ago, the company had sales between $2-3 million a year with excellent net profits. Since then sales have been down and so the business is being sold as a turn around. The price is reflective of this.

Property Features and Assets:

14,000 square foot plant located on 3 acres of prime real estate. The building can be purchased or leased in addition to the asking price of the company. The facility is fully equipped.

Market Competition and Expansion:

This area of the Southeast is growing rapidly with no end in sight. Excellent opportunity to grow the company substantially under new ownership.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is a distressed business or bankruptcy situation.