Growing electrical and technology business

Knoxville, TN
Knox County


Asking Price: Annual Revenue:
$450,000 $575,082

Services: Construction, Contractors


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RE: Growing electrical and technology business Broker: Drew Rutherford

Quick Facts

Asking Price: $450,000
Annual Revenue: $575,082
Net Profit: Not Disclosed
Cash Flow: $161,606
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 6
BBN Listing #: 28154611
Broker Reference #: 5182-303647

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Business Overview:

Growing electrical and technology business w/motivated seller

This full-service commercial and residential electrical business contributes its growth to excellent work and customer service. From panel updates and upgrades to installing electric car chargers, this business can handle every electrical need at home or the office. This business performs considerable subcontracting work for area construction and remodeling companies, and installs smart home technology and custom LED lighting.

This business does work in commercial, industrial, residential and healthcare spaces, including new construction. The business boasts multiple journeyman electricians on staff, and can handle most any job that comes their way.

The business is for sale due to the owner’s desire to relocate out-of-state. Transition assistance from the seller is included in the sale.

The business opened in 2018 and has grown substantially through excellent work and customer service.

Competitive Overview There are multiple local competitors, but no problem finding work.

Potential Growth: Hiring more staff would allow the business to take on more work.

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Reason for Selling:

Relocation

Additional Details:

  • The property is leased.
  • 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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