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- RE: Trusted Electrical Contracting Business
- Contact: Sam Domino
Quick Facts
Asking Price: | $300,000 | |
Annual Revenue: | $931,903 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $216,804 | |
Total Debt: | Not Disclosed | |
FF&E: | $227,340 | |
Real Estate: | Not Disclosed | |
Year Established: | 1979 | |
Employees: | 4 | |
BBN Listing #: | 364562509 | |
Broker Reference #: | Not Disclosed |
Business Overview:
The is a long-standing electrical contractor located in Lackawanna County, Pennsylvania. The company was founded by the current owner in 1979 and has since then provided exceptional electrical services to commercial buildings in various industries, such as healthcare, retail, manufacturing, and state office buildings.
The business’s commitment to high-quality products, unparalleled service, and affordable pricing has helped build a loyal customer base over the years. The company offers a range of services, including energy savings, KVAR installation, and new installation.
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Property Features and Assets:
Currently, the business is being run from the owner’s home, with the company’s operations and activities centered on the home’s premises. This arrangement has its pros and cons, with advantages including reduced overhead costs, greater flexibility, and convenience for the owner.
Market Competition and Expansion:
Despite offering top-of-the-line services, the business may face competition from other well-established contractors in the region. What sets the business apart from its competitors is its well-established customer base and the length of time the business has been operating in the community. The business can gain a competitive edge and attract more customers by adding solar energy installation to their services. Solar energy is an increasingly popular and cost-effective option that can help reduce carbon footprint. By offering solar energy solutions, the business can position themselves as a one-stop-shop for all energy-saving needs and potentially increase their business.
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
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