Owner Financing is Available!
Business Overview:
This is a great opportunity for an electrician looking to work independently or an out of state Electrical Contractor that wants to expand their current operation. Connecticut based electrical contractor with a strong client list and established long term relationships. Established in 1990, this contractor has been serving the entire state of Connecticut for the last 20 years. Very high customer satisfaction and low employee turn-over have made the company a reliable partner and resulted in a strong repeat business. The company is on the bidders list for various major businesses in the region.
The Company is primarily focused on a local/regional market that has been built over the last 20 years! Industrial and commercial make up the majority of the current business. Interior and exterior electrical service, signage, industrial equipment wiring, data network cabling are all part of the business abilities developed. There is a strong but expandable business base in residential, and public works projects as well as service call work. Six full time associates handle all the field work. Key office staff help manage operations and estimating.
While competitors have gone out of business this company has weathered the economic downturn and is still producing $2,000,000 in annual sales. The Company has a long history of very strong cash flow. This represents an outstanding opportunity for expansion to synergistic buyers and is also affordable to a qualified person already in the trade looking to own their own business. Financial details will be disclosed to serious, qualified buyers following receipt of a confidentiality agreement and background information.
Business is located in a 5,100 square foot building (2000 sf office + 3100 sf warehouse) available for sale separately or can be leased from the owner. Building can be further subdivided and land is available for further expansion according to new owner’s needs.
For more information contact Sunbelt Business Advisors of Hartford (860) 269-3137 or email info@sunbelthartford.com. To protect our clients we require signed confidentiality agreements and financial disclosures from all interested parties.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: