Electrical Contractor in Pasco County

Not Disclosed, FL
Pasco County

Asking Price: Annual Revenue:
$558,316 $790,000

Services: Computer, Internet, Technology Repair & Services

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RE: Electrical Contractor in Pasco County Broker: Charlie M. Meeks
Owner Financing is Available!
$22,332 down/$55,832 over 60 months @ 6%/ Other Financing

Quick Facts

Asking Price: $558,316
Annual Revenue: $790,000
Net Profit: Not Disclosed
Cash Flow: $188,623
Total Debt: Not Disclosed
FF&E: $10,708
Real Estate: Not Disclosed
Year Established: 2005
Employees: 7
BBN Listing #: 34124955
Broker Reference #: 1001-16041

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Business Overview:

This business is a Florida State Certified Electrical Contractor serving most counties surrounding Tampa Bay and the Central/West Florida area. They have an established reputation as a company offering superior service and quality workmanship. They provide electrical service from new construction to remodeling, service upgrades, panel changes/upgrades, troubleshooting, electrical inspections with a 20-year reputation.

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Property Features and Assets:

The business is located on a 1/3 acre parcel in Pasco County and has one building consisting of 2,308 square feet under air. Assets= $55,708

Market Competition and Expansion:

Operators in the industry experience competition with other industry players (internal competition) and operators from other industries (external competition). The level of competition in this industry is currently High and Steady. This industry is highly fragmented with an establishment to enterprise ratio of 1.0 and most establishments operating with less than five employees. The Electricians industry is expected to be further driven by the US construction market, which is anticipated to rebound over the five years to 2025. Additionally, solid growth in the value of non-residential and residential construction, access to credit, and investment in manufacturing structures are anticipated to drive industry revenue growth. Developments of increasingly complex and advanced electrical systems, and the growing emphasis on energy efficiency, will likely create opportunities for industry expansion as well. Overall, IBISWorld projects industry revenue to increase at an annualized rate of 3.9% to $211.2 billion over the five years to 2025.

Reason for Selling:

Owner passed away. Wife of owner is selling biz.

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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