Long-established Residential Electrical Contractor

Not Disclosed, MN


Asking Price: Annual Revenue:
$695,000 $1,235,000

Services: Construction, Contractors


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RE: Long-established Residential Electrical Contractor Broker: Katie Black or Manoj Moorjani

Quick Facts

Asking Price: $695,000
Annual Revenue: $1,235,000
Net Profit: Not Disclosed
Cash Flow: $220,449
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: $1,200,000
Year Established: 1975
Employees: 10
BBN Listing #: 920128483
Broker Reference #: 11135 MM KB

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Business Overview:

Long-established and profitable commercial and residential non-union electrical contractor for sale located in the south metro area. Excellent repeat customer base with tenured loyal electricians and staff working in the company. Owner willing to stay and transition a new buyer as needed. Priced $695,000 with 2019 projected cash flow of $220,000. Buyer has the option to purchase real estate for an additional $1.2 Million and brings in an additional $90,000 in cash flow. SBA financing available. Please contact Katie or Manoj for more information.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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