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Electrical Contractor Sba Pre Approved For Sale

Bergen County, New Jersey, US
Asking Price:
$595,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,300,000
Cash Flow:
$215,000

SBA Pre-Approved! Well established, successful licensed electrical contracting business serving clients in northern, NJ for 45 years. This highly organized, well-run business has long standing commercial, industrial, and residential clients including steady public contract work to keep them busy year-round. The owner runs the business from his office with commercial and residential crews performing the work. The Company employees two licensed electricians, helpers and an office administrator.

The business is a full service electrical contractor providing repair, maintenance, and installation services for electrical systems. They work with homeowners, general contractors, other businesses, and the NY/NJ Port authority.

The company is located in a 3100 sq ft commercial building owned by the seller. There are offices on the first and second floors with warehouse space high ceiling, extra large roll up door and space for vehicles. The building is available for lease or purchase with the business. Real estate price not included.

The Company is run by the owner who is ready for retirement after 45 years running the business. He has a full staff and the business is well positioned for a transition to a new owner. The sale includes 5 vehicles, tools of the trade, and miscellaneous inventory. This business would be a good acquisition for an individual electrician or another contractor looking to gain quality clients, expand territory, utilize additional staff and facilities.

Property Information

Real Estate:

Lease

Lease Terms:

Seller will provide a lease. Real estate is also available for sale with business. Priced separately.

Location:

Bergen County, NJ

Premises Details:

3100 sq ft commercial building with offices on first and second floors, warehouse space, loft storage, extra large roll up door, high ceilings, and space for vehicles.

Business Operation

Reasons for selling:

Retirement after 45 years in business

Employees:
6
Years established:
1977

Other Information

Support & training:

Seller will assist with a transition. Full staff, including licensed electricians, available to transfer to new owner.

Financing available:

20% Down, SBA Finance Pre-Approved

Furniture / Fixtures value:
$125,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price

Contact Inbar Group, Inc.

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