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Listed by:

Timio Consulting

Profitable Indiana Electrical Contractor With Established Builder Relationships For Sale

Hancock County, US
Asking Price:
$3,750,000
Sales Revenue:
$3,772,000
Cash Flow:
$1,122,000

Acquire an electrical contractor established in 1996, specialising in residential new construction. Four builder relationships currently generate all business, providing repeat project opportunities alongside customer concentration.

Annual revenue is $3,772,000, with reported seller’s discretionary earnings of $1,122,000. The nonunion operation offers scope to introduce service work and commercial contracting.

Enquire to explore its financial performance, customer relationships and transition arrangements.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly rent is $5,000. The sellers will be the landlords and can negotiate flexible terms.

Leasehold Rent:

$60,000 per annum

Premises Details:

A leased 6,800-square-foot facility incorporating a small office.

Size in square feet:
6,800 sq ft

Business Operation

Expansion Potential:

Introduce electrical servicing and commercial work alongside existing builder projects.

Competition / Market:

The residential new-construction specialism provides differentiation from broader electrical contractors.

Reasons for selling:

Retirement.

Employees:
15 full-time employees, including eight electricians.
Years established:
30 Years

Other Information

Support & training:

Owners offer 30 days’ transition support at no cost. Longer assistance may be agreed on mutually acceptable terms.

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

Seller financing of up to 10% of the purchase price may be available, subject to owner approval.

Listed by

Timio Consulting