Price Reduced! NW IA Electrical Contractor

Not Disclosed, IA

Asking Price: Annual Revenue:
$499,000 $601,996

Services: Construction, Contractors

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RE: Price Reduced! NW IA Electrical Contractor Broker: Bryan Mulder

Quick Facts

Asking Price: $499,000
Annual Revenue: $601,996
Net Profit: Not Disclosed
Cash Flow: $128,178
Total Debt: Not Disclosed
FF&E: $266,168
Real Estate: Not Disclosed
Year Established: 1950
Employees: 4
BBN Listing #: 73604955
Broker Reference #: 5401-14059

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Business Overview:

This electrical contracting business bids on commercial projects, residential projects and Ag/Farming projects. Depending on the year, nearly 80% of the revenue stream is produced from commercial projects. This business has been built by providing excellence in customer service. A professional approach in all aspects of the business as well as being available around the clock for emergency situations.

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Property Features and Assets:

The current facility is sufficient for the company's demand. The current owners would prefer to sell the building with the business, however a lease may be considered for the right buyer. The Real Estate is not included in the selling price of this business. Assets=$266,168.

Market Competition and Expansion:

The company currently advertises in the local paper, radio in the past and a few other marketing promotions as they come available. Social media efforts could be a great avenue for the next owner. "Word of mouth" advertising has been very successful. There is competition in this market. With that said, this company has been established for many years and has excellent "top of mind" awareness throughout their current service area. In and around this community there seems to always be growth whether it comes from commercial bids, Ag bids or residential bids. The current owners have taken great care of their customers and forged strong relationships in attempts to maintain and grow the company over the years. The buyer, of this opportunity, will walk into a well established business. Growing this company will depend on the buyer's leadership skills and an organized plan.

Reason for Selling:

One owner is looking to retire.

Additional Details:

  • The property is owned.
  • 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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