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Industrial Electric Contractor €“ $101k Down - SBA Financing In Minnesota For Sale

Minnesota, US
Asking Price:
$875,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,062,847
Cash Flow:
$338,415

The company is based in Twin Cities Metro. For the last 20 years, this profitable, turnkey company has provided high quality electrical and lighting services to commercial and industrial customers throughout the Twin Cities. The majority of customers are manufacturing operations that receive ongoing maintenance and repair services. This company boasts long-standing, recurring maintenance contracts and a highly-skilled staff of tenured electricians.

The Company offers a full suite of services, ranging from new lighting and cabling, electrical troubleshooting and repairs to Power Distribution, Standby Power Systems, Generators, Bus Duct Installation and Transformers.

5 Service Trucks, Boom Truck, Skid Steer and trailer are included in the price and have been properly maintained. This is a tremendous opportunity for an electrician that is looking for a profitable business with a steady pipeline of service work. Several growth/expansion opportunities are available. SBA financing is available for a qualified buyer
Sunbelt Listing ID: 3-2555

Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: Yes
Is Going Concern: Yes

Property Information

Size in square feet:
3,000

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 3
Years established:
28

Other Information

Financing available:

Downpayment Required: $101,000.00

Furniture / Fixtures value:
$60,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.