Business For Sale

Electrical Contractor/Renewable Energy

Not Disclosed, IA


Asking Price: Annual Revenue:
$5,500,000 $6,725,910

Services: Utilities: Electric, Gas, Water, Sanitary


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RE: Electrical Contractor/Renewable Energy Broker: Michael Schoville
License #: IA Real Estate Commission

Quick Facts

Asking Price: $5,500,000
Annual Revenue: $6,725,910
Net Profit: $1,023,177
Cash Flow: $1,246,936
Total Debt: Not Disclosed
FF&E: $4,148,000
Real Estate: $2,400,000
Year Established: 1980
Employees: 30
BBN Listing #: 373353881
Broker Reference #: 8602RH

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Business Overview:

Established and successful family owned electrical contractor business located in Iowa.

The sale includes long list of high quality assets, real estate, and inventory and future contracts. Management and technical staff in place. Owner wants to stay on to help with smooth transition to new owner.

Annual Sales over $6,000,000
3 year Weighted Average Recast Net Income over $1,200,000.

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Property Features and Assets:

Over 64,000 square feet in multiple locations.

Market Competition and Expansion:

Expansion may be available through: - Expand solar projects through marketing. - Explore other renewable energy alternatives.

Reason for Selling:

Retirement

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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