28 Yr Established Electric Contractor

Boca Raton, FL
Palm Beach County


Asking Price: Annual Revenue:
$600,000 $1,027,813

Services: Construction, Contractors


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RE: 28 Yr Established Electric Contractor Broker: JM de los Rios
License #: BK708920
Owner Financing is Available!
$100,000 2year. 6%

Quick Facts

Asking Price: $600,000
Annual Revenue: $1,027,813
Net Profit: $285,774
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 6
BBN Listing #: 17111249
Broker Reference #: 134-83556

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Business Overview:

Industry leader for 28 years! Fantastic opportunity to acquire an established and profitable full-service commercial and residential electrical contracting business who, for the past 28 years, has been serving the areas of Miami-Dade, Broward, and Palm Beach Counties, this fully-licensed master electrical contractor handles all commercial and residential electrical needs for both new construction and renovations and have a very specific niche with Pools & Spas Wiring Services, everything from lighting and power, high-voltage to fiber optics among others, most of South Florida Pool Contractors work with them. This business has built its reputation as an expert in the field and industry leader, all while building an impressive customer list. To ensure a successful hand-off to the Buyer, the Seller is available to remain on and actively involved in the business operations for an extended period to transfer his knowledge and industry relationships, both of which are unmatched. Sale includes all equipment as well as two trucks used for its projects. Excellent Books and Records. Eight employees. Great for Visa Buyers. Their sales have been increasing every year including 2020 and they have a great backlog for 2021.

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Property Features and Assets:

Warehouse

Reason for Selling:

Retirement

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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