Business Overview:
This State Certified Electrical Contractor was founded in 2002. The company has name recognition and a solid reputation in Palm Beach and Martin Counties. They specialize in higher-end remodels and new residential construction through a boutique and concierge approach with a distinguished list of General Contractors and repeat clientele. Commercial work has been limited to small to medium offices and retail new construction and remodels. There is one Superintendent with a secondary State Certification License that could qualify the business post-closing, two journeyman electricians with one apprentice electrician and one logistics manager/apprentice. There is opportunity to increase revenues immediately scaling the business by using the unsolicited phone calls that come in consistently for service work. Expanding commercial work, installations and service of EV charging stations and home generators are other lanes to exponential growth. P&L. Significant WIP with Backlog for next year. Motivated Seller is retiring, however will entertain continuing in management and operations for an additional period through an operating management agreement post-closing. MUST SUBMIT NDA, PROOF OF FINANCIAL CAPABILITY AND WORK PROFILE PRIOR TO RELEASING PROPRIETARY INFORMATION. SBA pre-qualified lending to a Borrower with the required State license!
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Property Features and Assets:
1,000 square foot Office/Warehouse.
Market Competition and Expansion:
Construction specialty trades are in high demand.
Significant growth using the unsolicited phone calls that come in consistently for service work. The addition of commercial work, installations and service of EV charging stations and home generators are other lanes to immediate exponential growth.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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