Successful and Profitable Electrical Company

Not Disclosed, TN
Anderson County


Asking Price: Annual Revenue:
$365,000 $454,617

Services: Construction, Contractors


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

Quick Facts

Asking Price: $365,000
Annual Revenue: $454,617
Net Profit: Not Disclosed
Cash Flow: $184,886
Total Debt: Not Disclosed
FF&E: $26,331
Real Estate: Not Disclosed
Year Established: 1981
Employees: 4
BBN Listing #: 147954611
Broker Reference #: 5182-952268

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Business Overview:

This company was established decades ago in Anderson County and is one of the finest electrical companies in the East Tennessee area. The business is viewed as a community pillar and supports local events year round. The company provides services for both residential and commercial clients (50/50 diversification). The company has won numerous awards and has a great reputation for providing outstanding customer service. For all estimated jobs, owner receives 80% of the submitted business proposals.

Good margins and profitability for the business have been consistent for many years. Gross sales in 2018 were over $450,000 with cash flow of $186,000. 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.

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Property Features and Assets:

Facility space is a 500 square feet commercial building that can be leased for $400 per month. The owner is willing to rent the office space or the buyer can also relocate the business.

Market Competition and Expansion:

There are other electricians in the area. However, this company has built and maintained a great membership base of loyal clients that come back again and again and are known as one of the best in the region. Potential Growth: To take the business to another level, adding additional electricians and a marketing campaign (all word-of-mouth marketing) would be recommended. Currently, the business has a 3-4 week waiting list to complete jobs. The work and opportunity is there - a bigger crew is all that is needed!

Reason for Selling:

Retiring

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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