Electrical/Handyman Company w/ Established Clients

Denver, NC
Lincoln County


Asking Price: Annual Revenue:
$175,000 Not Disclosed

Services: Construction, Contractors


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RE: Electrical/Handyman Company w/ Established Clients Broker: Greg Barnes
Owner Financing is Available!

Quick Facts

Asking Price: $175,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 264849300
Broker Reference #: 14341-673272

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Business Overview:

Step Into A Full Schedule on Day One!

This company has a very loyal and established customer base with both residential and commercial accounts. For fifteen years this company has done high-quality service work that has resulted in a nonstop flow of phone calls emails and text requests from repeat customers as well as referrals from those customers. This coupled with an inexpensive but effective advertising program has resulted in a continuous two to a five-month backlog of business. The purchaser of this business will have more work than they can run and jump over. This was true even during the 2008 to 2010 financial crisis. The present owner said, “We never saw a downturn in business. The phone just kept on ringing”.

The present owner is willing, at no extra cost, to work with the buyer for a year introducing them to his customers and teaching every aspect of running the business. The present owner will teach the buyer to run the business as a one-man-show or as a large electrical contracting business. The present owner wanted to pass this on to the prospective buyer. “Due to the fact that there is a critical shortage of licensed electricians in North Carolina, the hourly rate for service work, which is presently at $110.00 per hour, is projected to go well beyond $200.00 per hour within the next three years. Since your markup on materials covers the bulk of business expenses, $110.00 per hour at 50 hours a week will give you an annual income of around $200,000.00. It will only get better and better as time goes on.”

-Angie's List Super Service Award winner 11 years running.
-A+ rating with the Better Business Bureau.
-The buyer of this business is assured of a minimum of 50 hours or more of work every week just as it has been for the past 14 years.
-$110.00/hr. for every hour of work.
-Materials marked up 30%.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not 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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