Premier Electrical Contracting Business

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$760,000 $1,117,834

Services: Construction, Contractors

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RE: Premier Electrical Contracting Business Broker: Ken Elkin

Quick Facts

Asking Price: $760,000
Annual Revenue: $1,117,834
Net Profit: Not Disclosed
Cash Flow: $345,494
Total Debt: Not Disclosed
FF&E: $163,600
Real Estate: Not Disclosed
Year Established: 1978
Employees: 9
BBN Listing #: 87011185
Broker Reference #: 170-03605

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Business Overview:

PREMIER ELECTRICAL CONTRACTING BUSINESS. Established 43 years. Ultra high end customer base (residential estates). 60% new construction/remodel, 40% ongoing service work. Six journeyman electricians on staff. Typically running 3-4 crews at any time. 5 lettered vehicles. Strong Financials on the Tax Returns. Lender Pre-Qualified. Seller may consider staying on as the licensed qualifier until an experienced 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: 2/13/2023. Loan Amt: $736,000. Mos: 120. Rate: 6%. Mo Pmt: $8,171.11

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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