Respected Electrical Contracting Business

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$875,000 $1,684,511

Services: Construction, Contractors

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RE: Respected Electrical Contracting Business Broker: Ken Elkin

Quick Facts

Asking Price: $875,000
Annual Revenue: $1,684,511
Net Profit: Not Disclosed
Cash Flow: $328,802
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: 9
BBN Listing #: 87011185
Broker Reference #: 170-03605

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Business Overview:

Respected Electrical Contracting Business. Established 43 years. Very high end customer base (residential estates). 60% new construction/remodel, 40% ongoing service work. Running four (4) two-man crews with vehicles. Strong Financials on the Tax Returns. Lender Pre-Qualified. Seller may consider staying on as the licensed qualifier until a buyer can get their own contractor license. All buyers must provide a personal financial statement along with NDA. *Lender Pre-Qualified*

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Property Features and Assets:

Inventory: $15,000 (Included in asking price). Lease/Month: $1,750. Square Footage: 3,000. Building Type: Warehouse + office. Terms & Options: Negotiable. Expiration Date: 2/13/2022. Loan Amt: $825,000. Mos: 120. Rate: 6%. Mo Pmt: $9,159.19

Reason for Selling:


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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