For Sale
Prequalified at full asking price by a preferred lender! Stable 5-year growth! Servicing the growing population in North Central Florida, this specialty contractor offers electrical services and maintenance for new residential and light commercial projects.
Customer loyalty puts the company in a prime position, allowing them to continue their organic growth of 5% without contracts or entering the competitive bidding process; this could be a growth opportunity.
Undergoing a large 600-house development estimated to take a few years to complete, the company is locked in for continued growth.
This further solidifies its longstanding reputation in the community and attracts new builder partnerships.
Skilled personnel of twelve nonunion employees, including a field supervisor, are likely to stay post-purchase.
The current ownership will acclimate to their involved yet streamlined role as an office manager over a standard transition period as needed.
With plenty of growth opportunities for a more ambitious owner, revenues surpassed $1.8 million in 2022 and reached $1,839,078 million in 2023, next to discretionary earnings of around $471,080! Preferring to sell alongside the business, the property is a warehouse facility measuring 4,800 square feet that features a production area, office space, and two separate units that bring in rental income.
Thanks to high ratings and years of verbal referrals from their large & repeat customer base, flexible efforts like engagement on social media, a launched website, and aggressive advertising can help maximize outreach.
