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Established Electrical Contracting Business
Relocatable, NJ
BURLINGTON County
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| Asking Price: | Annual Revenue: |
| $150,000 | $1,018,000 |
Services: Construction, Contractors
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RE: Established Electrical Contracting Business
Contact: Steve Ajmeri
Owner Financing is Available!
Owner Terms:$20,000.00 Interest:6% Term Months:24 Monthly Payment:$886.41
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $1,018,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $70,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $74,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 6 | |
| BBN Listing #: | 214263878 | |
| Broker Reference #: | 171805-171805 |
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Business Overview:
Commercial and industrial contractor serving the greater Delaware Valley including New Jersey, Delaware and Pennsylvania. The company specializes in development work for churches, private schools, office buildings and industrial warehouses.
Owner started the business 16 years ago and has 4 FT and 2 PT employees. Another contracting business can take over the book of business and relocate equipment to another location. Seller owns the property and will rent to new owner for a very reasonable rent of $1,200 per month. Alternatively, new owner can relocate vehicles and equipment to another location and will not need to pay the rent. Profitability has increased in the first 6 months of 2023, with a net profit of $60K and a backlog of work of over $500K. Equipment of $74K included in the sale as well as vehicles used in the business. Seller is very motivated!
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Property Features and Assets:
Monthly Rent: $1,200.00
Market Competition and Expansion:
Normal competition is present
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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