South Florida Electrical Contractor for Sale | Transworld Business Advisors

South Florida Electrical Contractor for Sale

Listing Number: 0101-946365

Description

Electrical contractor for sale in the Fort Lauderdale area, established for 20-years. This 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, included. Clients are split at about 50% commercial and 50% residential. The business is debt free and has plenty of "WIP" (work in progress). It should qualify for a Visa, has excellent books and records and has been pre-qualified for SBA guaranteed financing, or the seller may consider financing with at least $250k down. Seller may also consider being a license qualifier and staying on for a reasonable transition period. *Down payment is based on obtaining a new loan.

Listing Details

  • Price: $325,000
  • Down Payment: $48,750
  • 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
South Florida Electrical Contractor for Sale

Contact Agent:

Thomas R Milana, P.A. CBI