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The Business, originally founded in 2011, is a growing electrical contractor serving Florida's Gulf Coast region and based in the high-growth Bradenton/Sarasota/Lakewood Ranch area. The Business provides comprehensive electrical services across Hillsborough, Manatee, Pasco, and Sarasota Counties.Its core competencies consist of: Residential & Commercial Electrical Services, New Construction Installations, Service & Repairs, Emergency Response, Pool & Spa Electrical Systems, Custom Home Electrical, Maintenance & Troubleshooting, Commercial Project Management, Apprentice Training & Development.Their revenue mix consists of approximately 70% service (50% residential, 20% commercial), 20% new home installations, and 10% pool electrical work. With a recent commercial electrical license acquisition, The Business is positioned for significant growth in this sector and is actively pursuing higher-profile projects, including bidding on installations for prestigious local landmarks like the Ringling Museum.The Company operates from a facility featuring both office and warehouse space for operations and additional inventory storage. The Business consists of 16 employees, including the two owners, with 3 office staff and 13 electricians in the field. All employees are W-2, including 3 field supervisors (not including owners). The management team comprises five individuals - the owners and three supervisor-level employees who oversee commercial, service, and new home installations.The Business views developing the next generation of electricians as a critical mission. With recognition that for every five people exiting the electrical trade, only two are entering, it currently sponsors several apprentices in the nearby technical college program and actively participates in workforce development initiatives, receiving grants for on-the-job training.Its safety protocol is comprehensive, featuring weekly safety meetings and regular company social events to build team cohesion. All service vehicles have GPS tracking, and field technicians process billing through their phones using the Jobber CRM app, ensuring efficiency and accountability.The Company has built an outstanding reputation in the community with nearly 200 five-star Google reviews and approximately 400 A ratings from previous work with Angie's List. Their fleet of distinctively wrapped, bright, and colorful vans provide high visibility throughout their service area.According to IBISWorld, although high interest rates have stifled previously booming residential construction since rate hikes began in 2022, nonresidential and utility electrical work has expanded in recent years. Electricians' revenue has inched upward at a CAGR of 0.9% over the past five years and is expected to total $255.4 billion in 2024, when revenue will rise an estimated 1.3%. Profits have dropped due to rising labor and materials costs.Over the next five years, electricians' revenue will likely grow at a faster rate. As inflation has cooled, the Federal Reserve will continue to cut interest rates (having begun to do so in 2024), benefiting the housing market. Electricians will also find work in sustained renovation activity and green energy upgrades. Production and manufacturing activity will also rise, providing electricians with another booming market. Electricians' revenue is expected to expand at a CAGR of 2.3% to reach $286.1 billion in 2029.
***Seller Financing and Motivated Seller***A renowned live music venue with a top-rated bar and grill is available for sale on the Gulf Coast of Florida for the asking price of $500,000. Real estate on US41 also available for $1.5M. or lease or redevelop. Seller has a construction company and can partner on the venture. Bring all offers!This exciting eatery features a scratch kitchen serving fresh, not frozen or pre-made, food. The certified chef creates a culinary experience rivaling top tier restaurants. Plus, the venue features live music nights with a variety of talent from all over the country, plus Karaoke nights and more using state-of-the-art sound and light system.The business generates $205,747 SDE on $762,025 annualized 2024 revenues based on prior seven months. The existing FFE is detailed in the report below with a conservative value of $355,487. The bar, floor, kitchen, stage, sound-system, game room, etc. are all new and in amazing shape.The sellers are offering significant SELLER FINANCING for the right buyer displaying their confidence in the business. The sellers own a construction business and repairs or additions to the property can be negotiated or partnered on.The current liquor license is 4COPsrx (with food), being upgraded to 4COP package liquor license valued at $800k also available for $650k or lease. Expectations of an additional 30% revenue growth with package liquor. This will add asset value to the business.Great traffic of of Hwy41.Don’t wait, make your dream of owning a live music bar & grill come true today!
Awesome opportunity Must sell Or bring in Strategic Partner as well 6,000 square feet warehouse flooring and manufacturing ESD products We are near the interstate and have great relationships with our freight carriers. Current warehouse has room for expansion. The demand is great! ESD products Flooring 30%Grounding assemblies 20%, Mats 10%, Other ESD products 40%.Please refer to listing #3353-930244, Agent Joe Di Bartolo when inquiring about this listing. Thank you!
Well-established and sales award-winning multivitamin and natural food product franchise store isbeing offered for sale for $185k plus inventory. Located in a thriving upscale community of near Bradenton and Sarasota, Florida in an outdoor mall with a Walmart anchor store.Established locally in June 2013, the business has been organically grown through local marketing in thesurrounding community for the past 11 years and has an established and loyal customer base. The business generates Seller’s Discretionary Earnings of $168,319 on average for the last three years and annual revenues of $765,783. There is a solid employee in place to run the business. One of thesellers worked two days a week in the business and could be replaced with a part-time employee at$15/hour for an absentee run business, or the next owner could fill this role. The sellers are now ready to focus on their other investments, opening the opportunity for the next owner who is looking for a stable and scalable business with a recognized and respected national brand in the Health and Wellness space.
Rare one of a kind free standing 2500 SF Bar & package liquor store with large visible Pilon Sign and valuable Drive-up window. Sale includes a ¾ Acre prime real estate site. Super location with full Liquor license, Business, and Real Estate included in sale with a *18% Cap rate*. Very Popular Bar with bandstand and pool table.This is the Ultimate in PRIME CASH BUSINESSES.Great parking with Unlimited expansion and growth potential for a buyer taking it to the next level.Great net income of $269,000. Calculated as owners benefit for the first 8 months (January to August) of this current 2023 year. This equals a 14% Cap return based on the total sales price for only 8 months.* Projected Verifiable Cap rate of 18% for this current Year. Calculated with owners benefit* Possible owner financing with a substantial down payment.Semi-absentee owner is retiring.
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