South Florida Electrical Contractor for Sale

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$325,000 $362,882

Services: Construction, Contractors


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RE: South Florida Electrical Contractor for Sale Broker: Tom Milana
Owner Financing is Available!
Owner Financing Terms $75,000.00 Owner Financing Interest 7% Owner Financing Terms Months 36 Owner Financing Monthly Payment $2,315.78

Quick Facts

Asking Price: $325,000
Annual Revenue: $362,882
Net Profit: Not Disclosed
Cash Flow: $90,733
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 4
BBN Listing #: 2963630
Broker Reference #: 0101946365

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Business Overview:

"Essential Business for Sale" Electrical contractor for sale in the Fort Lauderdale area, established for 20-years. This service company specializes in electrical installations, panel upgrades, electrical services on remodels and repairs. They also install and repair generators. There are 4 well-trained technicians and 3 company vehicles, included. Clients are split at about 50% commercial and 50% residential. The business is debt free and has plenty of "WIP" (work in progress). It should qualify for a Visa, has excellent books and records. The seller may consider financing with at least $250k down. Seller may also consider being a license qualifier and staying on for a reasonable transition period.Please refer to listing number 0101-946365 and advisor Tom Milana when inquiring.

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Property Features and Assets:

Lease/Month: $1,040; Square Footage: 1,000; Building Type: Warehouse/Office; Terms & Options: 1-Year leases; Expiration Date: 9/30/2019.

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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