Profitable Long Established Electrical Contractor
Not Disclosed, NC Moore County
5 county area in a growing region of NC
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- RE: Profitable Long Established Electrical Contractor
- Contact: George Bradbury
Quick Facts
| Asking Price: | $1,050,000 | |
| Annual Revenue: | $1,700,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $320,000 | |
| Total Debt: | $94 | |
| FF&E: | $361,753 | |
| Real Estate: | $300,000 | |
| Year Established: | 1948 | |
| Employees: | 24 | |
| BBN Listing #: | 58046351 | |
| Broker Reference #: | ELECTRIC1 |
Business Overview:
This electrical contractor services a 5 county area in a growing region of North Carolina. They have carried on the tradition of quality electrical service and installations for over 50 years. This company does $1.5mm annually with 75% commercial (government, healthcare, industrial and education) and 25% residential (custom, spec and remodels). This fully-licensed operates out of a 5,000 foot warehouse/office. They handle all commercial electrical needs for both new construction and renovations. Including lighting and data cabling. They have built a reputation as an expert while building an impressive customer list; including box stores, franchise systems, all levels of government, hospitals and more.
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Property Features and Assets:
The business is run from their owned warehouse/office 5,000 square feet on about 1/2 acre of land. The owners will consider a competitive offer for a sale or will consider offering a lease for a qualified buyer.
Market Competition and Expansion:
Some competition exists. No one can offer the breath of services this company offers in their market. Potential growth: Very little, almost nothing has been spent for advertising. The sale of generators could be expanded which is 10% of sales currently.
Reason for Selling:
Second generation owner wants to travel.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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