Est. Comm. & Residential Electrical Contractor
Relocatable, VA Not Disclosed
Hampton Roads
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- RE: Est. Comm. & Residential Electrical Contractor
- Contact: Frank Chebalo
Quick Facts
| Asking Price: | $395,000 | |
| Annual Revenue: | $1,050,040 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $115,840 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $92,477 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 10 | |
| BBN Listing #: | 938817 | |
| Broker Reference #: | 2007-18218 |
Business Overview:
Owner Operated Established in 1998 Strong Brand and Reputation Experienced and Loyal Employees Spectacular Reviews Operating for over 25 years this well-established electrical contracting business offers a great opportunity for a licensed and experienced individual to take over a very reputable going concern. The business is fully equipped with five attractively wrapped and branded vehicles operating out of a centrally located commercial space. The business employs six full-time technicians and two in-house managers. And from day one the owner has established a brand and culture where the employee base is a cohesive team consisting of successful and experienced individuals performing superior services every day. Their reputation and reviews fully support and recognize the ingrained culture the business has established. The day-to-day operations cover every imaginable electrical repair including electrical panel upgrades, indoor and outdoor lighting upgrades, electrical outlets, and distribution both on the commercial and residential side. In addition, the business handles every aspect of backup generator systems and smart home products. The business is a certified dealer for a major generator brand, and the smart home products, which are top of mind these days, include Automated Security Systems, Solar Energy, Security and LED Light Conversions, and Vehicle Charging Stations.
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Property Features and Assets:
The operating facility is centrally located on a major thoroughfare including storage and office space.
Assets = $125,804
Reason for Selling:
Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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