Residential Electric Installation

Mesa, AZ
Maricopa County


Asking Price: Annual Revenue:
$500,000 $525,705

Services: Construction, Contractors


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RE: Residential Electric Installation Broker: Susan Tanko-Manogue

Quick Facts

Asking Price: $500,000
Annual Revenue: $525,705
Net Profit: Not Disclosed
Cash Flow: $114,315
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 10
BBN Listing #: 103130481
Broker Reference #: WCIC21850

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Business Overview:

The Cash Flow and Total Annual Revenue are for Jan-May 2021. This 31 year old company is busy! The Seller is so swamped with one long time customer, he is pushing away bid requests on at least two other Major Builders that he use to service. This is an opportunity for a Buyer with similar experience to put down 50%, hire the Seller for up to 1 year on the license and get to know the client(s). Company holds "Phase Contracts" with the builder. Material costs increases are added to existing pre-bid jobs as they happen. Seller would like to become an employee to be able to take other bids and assist someone in growing this prior to retiring. Supervisors in place as well as two crews and a bookkeeper/office manager. Qualified Buyers please contact us.

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Property Features and Assets:

Fenced yard with a building can hold 4-5 trucks. 10/2022 lease can be extended or renewed. (2) Storage garages w/center office.

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.

Documents:

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