- Listing ID: 868290
- (Seller ref: 4387H)
Electrical Contract Business Strong Customer Base For Sale
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Summary
- Asking price:
- $55,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $138,000
- Cash flow:
- Available on request
- Years established:
- 1989
- Employees:
- 1 F/T, 3 P/T
Business description
Established electrical Contractors business for sale. Owner ready to retire after 50+ years in business. Owner owns both business and real estate and lives uptairs in 1000 sq foot apartment in trendy Uptown area in Downtown Memphis. Owner holds electrician license in Tenn, Ark, and Mississippi. Owner will stay and train for transition. This firm currently has over 100 customers in the Memphis area and has mix of 85% commercial and 15% residential. Seller financing available!
Property information
- Real Estate:
- Lease
- Lease terms:
- Monthly Rent: 2,500 (1500 downstairs, 1000 upstairs)
Lease Expires: 5-yr option
- Leasehold rent:
- $2,500 per annum
- Size in square feet:
- 5000sq ft (3000dn, 2000up)
Other information
- Support & training:
- Seller agrees to train and support new owner for a mutually agreed upon period of time.
- Reasons for selling:
- Retirement
- Trading hours:
- Mon-Fri 8am-4:30pm
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Seller financing available! Seller wants 35k down and will finance the balance of 20k over 5 years!
- Furniture / Fixtures value:
- $30,000 (included in the asking price)
- Inventory / Stock value:
- $9,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
related resources
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