Well-Known Electrical Contractor

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$320,000 $648,040

Services: Construction, Contractors


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RE: Well-Known Electrical Contractor Broker: Ken Elkin

Quick Facts

Asking Price: $320,000
Annual Revenue: $648,040
Net Profit: Not Disclosed
Cash Flow: $130,129
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 5
BBN Listing #: 577111185
Broker Reference #: 170-03603

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Business Overview:

WELL-KNOWN ELECTRICAL CONTRACTOR. Established 31 years. Great Reputation in the industry. Specializing in High End Residential and Commercial. Great industry contacts to bid new work. Owner has scaled back over the past few years due to age and health concerns - currently running (2) two man crews with a third service van available (to bring on another crew). Custom warehouse with office also available for purchase (asking price $375,000 for the real estate). Total cash flow shown does not include rent expense. THIS IS A PERFECT OPPORTUNITY FOR: 1) AN ELECTRICIAN WANTING HIS OWN COMPANY, 2) AN A/C CONTRACTOR LOOKING TO ADD ELECTRICAL SERVICE, OR 3) A LARGER ELECTRICAL CONTRACTOR LOOKING TO EXPAND INTO PALM BEACH COUNTY.

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Property Features and Assets:

Inventory: $4,000 (Included in the asking price). Lease/Month: $2,800. Square Footage: 1,154. Building Type: Warehouse/office. Terms & Options: 2 months only. Expiration Date: 6/30/2022

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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