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Business For Sale
COMMERCIAL & INDUSTRIAL ELECTRIC COMPANY
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Asking Price: |
$1,800,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Retire. |
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Year Established:
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1942 |
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# of Employees:
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13 |
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Yearly Revenues:
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$3,083,974 |
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Yearly Cash Flow:
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$677,289 |
Business for Sale Overview:
Nebraska Commercial and Industrial electric company specializing in ground-up construction. The company has a well established name and an excellent reputation for quality and service in the industry. The business has been in existence for over 65 years and has a very stable and profitable history. The owners are ready to retire.
Gross revenue and SDCF is an average over the past three years because of a major project that was completed in 2007. This contract caused a substantial increase in revenue. The FF&E can be broken down to $271k of equipment and $379k of service vehicles. End-of-year receivables have averaged $443,585 over the last 5 years.
This is a great opportunity for an existing electrical contracting company looking to expand its geography/customer base or a qualified electrician or electrical engineer looking to own his own business.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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