Northeastern Minnesota Union Electrical Contractor

Not Disclosed, MN


Asking Price: Annual Revenue:
$395,000 $1,100,000

Services: Utilities: Electric, Gas, Water, Sanitary


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RE: Northeastern Minnesota Union Electrical Contractor Broker: 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

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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