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Asking Price:	$5,000,000 USD USA Dollars
Business for Sale Industry:	Services: Construction, Contractors
Reason for Selling:	Retirement.
Year Established:	1973
# of Employees:	25
Yearly Revenues:	$6,900,000
Yearly EBITDA:	$1,200,000
Yearly Gross Income:	$1,749,374

Business for Sale Overview:

The Company is a full service Electrical Contractor for all Commercial and Industrial projects from low voltage systems used in Voice/Data projects, to industrial system voltages up to 600 volts, to high voltage (Primary) systems of 13,200 volts or higher. The company is licensed by both Miami-Dade County and the State of Florida as unrestricted Electrical Contractors. Since its founding in 1973, the Company’s unwavering commitment to employing only the highest quality personnel and on-time project delivery, has made it one of the most respected and fastest-growing competitors in the Florida market. The Company’s product mix is among the most extensive in the market. The range of conventional products includes lighting, fire alarms, generators and door security systems. They specially pride themselves on tackling unusual projects or projects with very tight time lines. The firm has completed extensive work for the gaming and entertainment industry as well as governmental defense projects.

Property Features and Assets:

Large warehouse commercial facility located in Miami area with well known tenant that occupies a fair share of the facility. Current tenant willing to sign a long-term lease, currently on a month-to-month. The property is owned by the seller and is also available for purchase for $2.1M

Market Competition and Expansion:

The commercial electrical market is directly correlated to the overall commercial construction market. Thus, the forecast of the electrical contractor industry needs to be centered on the overall commercial construction environment. According to the department of commerce from the January-October 2007 period the residential construction market fell 16.5% from the same period in the previous year. At the same time non-residential construction experienced strong growth of 15% on average. Public construction increased 12.1% and private construction increased 17.3%.

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 not a distressed business or bankruptcy situation.