Electrical Contractor Net $314K - 10% Down
Not Disclosed, PA Bucks County
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- RE: Electrical Contractor Net $314K - 10% Down
- Contact: Joseph Chiarello
Quick Facts
| Asking Price: | $750,000 | |
| Annual Revenue: | $2,390,894 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $314,414 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $560,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1980 | |
| Employees: | 12 | |
| BBN Listing #: | 41844955 | |
| Broker Reference #: | 2702-18055 |
Business Overview:
This business has been pre-qualified for a loan with buyer only needing 10% down ($75,000). Buyer would take home after paying debt service $200,000. Buyer would earn their down deposit back within 5.5 months!
This is a fully staffed electrical contracting company that is primarily working in the Commercial, Industrial, and Medical fields. Typically, there work includes installation of industrial generators, relocation of machinery, lighting work (use of bucket truck). Owner is absentee and daughter is only doing the books and overseeing the business. Daughter is willing stay on for transition period and a few months after to insure smooth transition for new buyer.
NEW OWNER WILL NEED TO HAVE THEIR OWN ELECTRICAL LICENSES FOR NEW JERSEY AND PHILADELPHIA
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Property Features and Assets:
Assets = $660,000
Reason for Selling:
Owner retiring after 43 years.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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