Highly Successful Electrical Company

Not Disclosed, TN
Anderson County


Asking Price: Annual Revenue:
$385,000 $546,000

Services: Construction, Contractors


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RE: Highly Successful Electrical Company Broker: Doug Kose
Owner Financing is Available!

Quick Facts

Asking Price: $385,000
Annual Revenue: $546,000
Net Profit: Not Disclosed
Cash Flow: $176,000
Total Debt: Not Disclosed
FF&E: $39,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 6
BBN Listing #: 83654611
Broker Reference #: 5182-952268

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Business Overview:

This electrical company was established decades ago in Anderson County and has a superb reputation in the East Tennessee area. The company provides services for both residential and commercial clients (50/50 diversification). The company has won numerous awards and strong online reviews for providing outstanding customer service. For all estimated jobs, company receives 80% of the submitted business proposals.

Good margins and profitability for the business have been consistent over the years. Gross sales in 2020 were over $438,000 with cash flow of $128,000. In 2021, the business is having its best year ever and on pace to do over $500,000 in gross sales and ~$200,000 in cash flow.

The business has experienced electricians, vehicles and assets to make for a turnkey transition. Business has a vast customer base of over 1,000 clients. Owner is simply ready for retirement.

Facility space is a 500 square feet commercial building that can be leased for $430 per month. The seller owns the building that includes four other tenants; owner open to sell the building as well in a separate transaction.

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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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