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Asking Price:	$590,000 USD USA Dollars
Business for Sale Industry:	Services: Construction, Contractors
Reason for Selling:	Retirement & relocation
Year Established:	1993
# of Employees:	6
Yearly Revenues:	$1,081,000
Yearly Cash Flow:	$342,000

Business for Sale Overview:

The Company is a leader in its respective field and has developed additional product lines to sell to its new and existing client base without proportionally increasing the need for additional labor. As such, the Company realizes higher margins than the typical electrical contractor. In addition to its contracting and new installations, the Company performs service and repair work for current and past customers and referrals. The owner has successfully positioned the Company in a “recession proof” niche insulated from business cycles, excels in and competes on high-service (and not low cost) and focuses on high-end, wealthy customer segments with disposable income to spend on home improvements. There really are very little direct competitors in the area that offers its variety of services. Its electricians are very autonomous, self motivated, are cross-trained and use a job management style with standard installation practices that makes them inter-changeable thereby limiting job delays due to potential staffing issues. These attributes and an attractive asking price makes this a very appealing investment opportunity.

Property Features and Assets:

Company operates from a home office. Assets to be conveyed in sale include trade name, inventory of work under contract, clientele, estimating system, vehicles, inventory and office furniture and equipment.

Market Competition and Expansion:

There are several firms that do similar work in either the standard electrical wiring or the “low voltage” communication and entertainment systems. There are a few electrical contractors that offer some communication and entertainment wiring. The owner believes that there are no other firms that offer the same complete package for their clients. Expansion easily accomplished through additional networking, advertising, etc.

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 a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.