Commercial Electrical Contractor

Not Disclosed, VA


Asking Price: Annual Revenue:
$185,000 $628,238

Services: Construction, Contractors


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RE: Commercial Electrical Contractor Broker: Frank Chebalo

Quick Facts

Asking Price: $185,000
Annual Revenue: $628,238
Net Profit: Not Disclosed
Cash Flow: $93,797
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 8
BBN Listing #: 59324955
Broker Reference #: 2007-15494

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Business Overview:

Commercial Electrical Contractor Established 25 Years. This full service Class A contractor has been servicing the business community in Hampton Roads with skilled in house management supported by a strong staff of certified electricians. Seven total employees complement this business. Fully equipped with specialty tools and vehicles the business does on call commercial repairs, remodels and upgrades, as well as troubleshooting and repair for electrical systems and lighting, including preventative maintenance. The work includes electrical installations and renovations for commercial and industrial customers and in addition they troubleshoot and repair Energy Management systems. The business is equipped to do in house electrical estimating and is skilled to compete in government work as well as local commercial electrical projects. That’s not all, the business enjoys three long established contractual agreements with three major local businesses. And as a result, the business handles all of their work from repairs to complete relocation's and remodels. Operating in approximately 1000 square feet of office space & 500 square feet of storage area, there is ample parking for service trucks, employees and customers. The location has camera surveillance 24/7. And the location is within a quarter mile access to all interstate roadways, which is all important when operating an electrical service and repair business. The lease is reasonable at $1,125 per month and will readily convey to a new owner. In addition, the Seller is ultimately looking to retire along with relocating. But will insure a smooth and comfortable transition for a new buyer or like business looking to grow through acquisition.

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Property Features and Assets:

Assets=$50,000

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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