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Sunbelt of Charlotte

35 Year Old Electrical Contractor Serving In Jacksonville Metro Area For Sale

Jacksonville, Florida, US
Asking Price:
$499,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$855,000
Cash Flow:
$200,000

This electrical contracting company was founded by the retiring owner 35 years ago. He works from the office and meets customers but does not work in the field as he has a skilled staff to do this work. There are 4 teams that do the work mostly on timed billing. They have numerous repetitive customers in different industries including industrial, commercial, marine and residential.

Included in the sale are equipment/vehicles with a value of approximately $200,000 and about $25,000 in inventory. The Seller owns the real estate and is willing to sell it for $500,000 or will lease it. Seller Financing will be considered on a Buyer for Buyer Basis.

A Buyer must have an existing license or will need to be able to procure one in the near future. Most of the customers are located between Jacksonville and St. Augustine, but they have location in mind for a satellite office. Contact Bill Law the listing broker at ------------ or email [email protected].
Real Estate Available: No
Real Estate Included: No
Real Estate Value: $500,000.00
Real Estate Description:
Available for lease or purchase

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: ON REQUEST
Is Going Concern: Yes

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 8
Years established:
37

Other Information

Support & training:

Seller will negotiate a transition period

Financing available:

Downpayment Required: ON REQUEST
Financing is available

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$25,000 - included in the asking price