Seller's Contact Information
- RE: Northeastern Minnesota Union Electrical Contractor
- Contact: Steve Bragg
Quick Facts
Asking Price: | $395,000 | |
Annual Revenue: | $1,100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $230,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 157,800 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 4 | |
BBN Listing #: | 175528483 | |
Broker Reference #: | 11512 SLB |
Business Overview:
Northeastern Minnesota Union electrical contracting business near Lake Vermilion with a good reputation and solid customer base, employing 3 full-time electricians and owner works full-time in the field. Company also employs a full-time Operations Manager to run the business. Work is about 80% residential and 20% commercial. New construction is 75% of work and balance is remodel and service work. Good inventory of parts and materials in leased 40 X 60 heated shop and in the 4 service vans. Owner retiring after 28 years of good profitable business. For more information, please contact Steve Bragg.
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Reason for Selling:
Retiring
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
Documents:
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