Business For Sale

35+ Year Electrical Contractor

Cincinnati, OH
Hamilton County

Asking Price: Annual Revenue:
$305,000 $695,000

Services: Construction, Contractors

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RE: 35+ Year Electrical Contractor Broker: Dan Long

Quick Facts

Asking Price: $305,000
Annual Revenue: $695,000
Net Profit: Not Disclosed
Cash Flow: $123,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 4
BBN Listing #: 678316072
Broker Reference #: 81618

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Business Overview:

This is an outstanding opportunity to purchase a 35+ year, non – union electrical contractor from a retirement aged owner who founded the company. Sales have grown 17% over the past 3 years and 2018 is off to a good start. The company services the residential, commercial, and industrial needs of their customers including: electrical installation, troubleshooting, operator training and consultation services. In addition, the company has a strong background in electrical engineering, electronics, and motor control circuits. They can install any light or fixture and are experienced installers of control automation for homes and offices. The business is offered as an asset purchase, free and clear of debt. Owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan pre – qualified
Clean books and records
Uses industry estimating software
Property available in addition to the asking price
Uses Kickserv field service management software
Very broad base of long-term & repeat customers
Includes all inventory, tooling, equipment, and 3 service vans.

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Property Features and Assets:

This is a very nice facility close to the interstates with plenty of room for expansion. The property is for sale in addition to the asking price for the business.

Market Competition and Expansion:

This is a competitive industry, but because of the company’s reputation for excellent service, the service calls continue to come in on a regular basis.

Reason for Selling:

Seller is of retirement age.

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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