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Business For Sale

ELECTRICAL CONTRACTOR

Attn: Michael Lipton/Freddie McFinn
Las Vegas, NV, USA
Listing Number: "101-13364"
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Asking Price: $395000 USD USA Dollars
Business for Sale Industry: Services: Construction, Contractors  
Reason for Selling: Other Business Interests
Year Established: 2002
# of Employees: 6
Yearly Revenues: $982,015
Yearly Net Profit: $314,067
 

Business for Sale Overview:

*Prior Location Rent. **Includes $41,000 in tools. Full Service Residential (95%) & Commercial Electrical Contractor. Originally established in 2002 as a new construction elec. contractor & converted in 2006 to service only. Currently, business operates from Seller's home as of May 2008. Prior location was in a commercial park. Rent above was for prior facility. There are two (2) principle officers of the corp. who's duties are administration, phones & dispatch. All systems are in place (turn key operation). Business has 7 trucks. Buyer may elect to assume or not assume any or all of the loans for the trucks. Seller will retain the trucks in the event that Buyer elects not to assume the loans and purchase their own trucks. Business operates on a sophisticated software program that allows the business to be operated remotely from anywhere in the U.S. Owner does not have to reside in Las Vegas. No receivable, Cash Flow Business, per Seller. Seller states the following: (1) The business is tracking to do approximately $1,200,000 in gross sales for 2008, (2) there are employees in place that have the experience to qualify to take the test for the C-2 Contractor's License.


Property Features and Assets:

Total rent of $2,245. Seller is active in business with 6 full time employees.


Additional Details:

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

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