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Business For Sale

ELECTRICAL CONTRACTOR (NC) $4.25 MILLION BACKLOG

Attn: Not Available
Raleigh Metro Area, NC, USA
Listing Number: "1058"
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Asking Price: $2,250,000 USD USA Dollars
Business for Sale Industry: Services: Construction, Contractors  
Reason for Selling: Life style change
Year Established: 1999
# of Employees: 22
Yearly Revenues: $1,838,116
Yearly Cash Flow: $517,913
 

Business for Sale Overview:

This North Carolina (NC) electrical contractor has grown rapidly and has work in place that will continue its dramatic earnings growth. A part of its work is tied to long-term contracts with the US Government that are indexed for inflation. Earnings for the first nine months of fiscal year ending September 30th, are $850,000. The work backlog is currently $4,250,000 plus. Growth is locked in through 2009!


Market Competition and Expansion:

Backlog could swell by $6.5 million within weeks.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is 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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