Electrical Contractor in Beautiful North Georgia

Not Disclosed, GA

Asking Price: Annual Revenue:
$497,000 $732,618

Services: Construction, Contractors

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RE: Electrical Contractor in Beautiful North Georgia Broker: Tony Samples

Quick Facts

Asking Price: $497,000
Annual Revenue: $732,618
Net Profit: Not Disclosed
Cash Flow: $94,368
Total Debt: Not Disclosed
FF&E: $92,961
Real Estate: Not Disclosed
Year Established: 1985
Employees: 8
BBN Listing #: 2234955
Broker Reference #: 1106-16071

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Business Overview:

This Electrical Contracting business is 95% Commercial, 5% Residential. The majority of work is bid /contract. Some service, and T&M (time & materials) or negotiated.

The company has an excellent reputation and working relationship with several general contractors in the northeast Georgia area. They are often given opportunities to work on negotiated projects due to this relationship. This company is known for integrity and professionalism.

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Property Features and Assets:

The business operates out of a facility owned by the seller. 2,400 square feet at ground level, 640 square feet unfinished upstairs, a 520 square feet metal shed, and a semi-trailer used as a job / storage trailer. The seller will consider selling the facility or leasing the facility to the new owner. The seller owns the facility separately and charged himself rent of $1,950 per month in 2019. If the buyer wishes to lease the building, the owner is willing to lease at fair market rent. The buyer also has the option of moving the business to another location. Assets= $92,961

Market Competition and Expansion:

Of course there are several Electrical Contracting businesses that operate in the area. This business has the advantages of an excellent reputation for quality work and low overhead. Hire more employees and delegate more work. Expand bidding.

Reason for Selling:

Owner; Ready for change.

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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