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Electrical Contracting Business In Atlantic County For Sale

Atlantic County, New Jersey, US
Asking Price:
$1,500,000 Inventory / Stock included
Sales Revenue:
$4,470,000
Cash Flow:
$762,000

Attention industrial and electrical business buyers this company will almost pay for itself with the accounts receivables alone!!! So if you are a serious buyer for a full service electrical contracting business then look no more. This is the top company in its field which demands quality at a fair price. The seller would never trade the reputation and respect of their company for any amount of money. Its reputation and availability to its customers has served it very well over the last 18 years. This business has been generating over $3,000,000 in revenue for the last few years. This company is showing a phenomenal 12% EBITDA to revenue. This company has very little competition, and the competition today is no threat as far as hurting revenue and strategic growth projections for the NJ, PA, and DE territories that it is currently licensed to operate. Even though this company is located in Southern New Jersey, it dominates the Northern Jersey communities as well as neighboring States. The only reason the company is selling is due to the passing of the beloved co-owner and foresight of the present CEO/CFO to keep the quality and the quantity of the work produced by this company ongoing until it is passed on to the new owner which will care for it and its employees as the previous owner. In addition to the contracts already signed and waiting to be completed, the sale will also include all assets per balance sheet net of loan payoffs or loan acquisition: trucks, trailers, inventory, it's well-trained and experienced staff, and it's Real Estate offered directly from Seller. This company is looking to be acquired by a larger organization or individual that has the added personnel to take advantage of the business being turned down,and the vision to be the largest in its region. So do not hesitate any longer, call right now to set up a meeting with the CFO of this extremely lucrative, electrical business for sale right now.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-22330 for instant access to this business information.

Business Operation

Reasons for selling:

Personal

Employees:
20FT
Years established:
1986

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

950,000.00 Down & Monthly payout on balance at 0% interest.

Furniture / Fixtures value:
$258,102
Inventory / Stock value:
$65,000 - included in the asking price

Contact Vested Business Brokers HQ

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