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Prequalified! Popular Trade Electrician With Big Projections! (37914) For Sale

FL Panhandle, Florida, US
Asking Price:
$1,300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,900,000
Cash Flow:
$450,000

Prequalified by lender! Situated along Florida’s panhandle, this speciality trade contractor offers long-term electrical system installation and service contracts for Commercial (90%), Medical (5%), and Industrial (5%) applications.

Offering these services requires a Florida State Certified Master Electrical License. Locally preferred by recurring contractors, their portfolio highlights both large and small projects, allowing flexibility for strategic optimizations and partnerships that can further growth.

There are also opportunities for expansion with residential and military projects as market bidding is a strong income source, thanks to top ratings and their ongoing 30-year reputation. The 2022 revenues are near $4.9 Million with profits near $450,000 consistently, sales are up substantially from 2021’s $2,935,999. The leased 7,500-square-foot facility features around 3,500 sq.ft. of office and storage with a production area up to 4,000 sq.ft.

Experienced and cross-trained personnel of nineteen nonunion employees have diverse backgrounds in the industry and are most likely to remain post-purchase and continue quality-focused operations after a smooth transitioning cycle of up to twelve months.

Relying on direct customer engagement and verbal referrals from their recurring base, the potential to take business to the next level is available via aggressive advertising and by launching a website with social media.

This is a great, debt-free business, contact IAG today!

Property Information

Real Estate:

Lease

Premises Details:

Listing carries current Receivables of $700,000 +/-

Size in square feet:
7,500+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday 7:30AM - 4:30PM.

Employees:
19 nonunion.
Years established:
1992

Other Information

Support & training:

Quality operations during a smooth Owner Transition cycle of up to 12 months.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$356,500 - included in the asking price
Inventory / Stock value:
$7,176 - included in the asking price