Established Electrical Contracting Business

Relocatable, NJ Burlington County

Asking Price: $150,000

Annual Revenue: $1,018,000

Services: Construction, Contractors

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Established Electrical Contracting Business

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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

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