Profitable Electrical Contracting Business with Owner Financing

Listing Number: 0101-946365

Description

Established for over 20-years, this electrical service company specializes in Electrical Installations, Panel Upgrades, Electrical Services on Remodels and Repairs. They also install and repair generators. There are 4 well-trained technicians and 3 company vehicles. commercial and residential revenues are about 50/50. The business is debt free and has plenty of Work in Progress. It should qualify for a Visa as it has excellent books and records. The down payment is based on a qualified buyer obtaining SBA guaranteed financing, or the seller may consider financing with at least $250k down. He may also consider being a license qualifier.

Listing Details

  • Price: $350,000
  • Down Payment: $55,500
  • Sellers Discretionary Earnings: $117,842
  • Total Sales: $471,720
  • Location: Broward County, Florida

  • Inventory: $5,000
  • FF&E: $50,000
  • Employees: 3
  • Year Established: 1994
  • Reason for Selling: Retirement
  • Category: Construction

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