This is a thriving 35-year-old electrical contracting business located in Broward County, FL seeking a new owner. This well-established company boasts a strong reputation for quality and reliability, specializing in high-end residential, new construction (70% of revenue), and remodel work (15% of revenue), with service calls making up the remaining 15%. The business has a stable client base and enjoys a strong market position, with an experienced team of 25 full-time employees, many with long tenure. $150,000 in inventory included in the asking price. The sellers are committed to a smooth transition, and willing to stay longer after closing if needed. All prospective buyers and PEGS need an Electrical background and access to a license. All must provide proof of funds. Strictly confidential.
- Asking Price:
- $3,900,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $4,550,850
- Cash Flow:
- $1,150,294
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Expiration Date: November 30, 2025
- Leasehold Rent:
-
$6,195 per annum
- Location:
-
Leased - Industrial
- Premises Details:
-
Office/ Warehouse
- Size in square feet:
- 2,560
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
M-F 8-4:30
- Employees:
- 25
- Years established:
- 35
Other Information
- Support & training:
-
12-week training at no cost
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Amount: $390,000.00
Owner Financing Interest: 6%
Owner Financing Terms Months: 48
Owner Financing Monthly Payment: $9,159.16
- Furniture / Fixtures value:
- $85,000 - included in the asking price
- Inventory / Stock value:
- $150,000 - included in the asking price
