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Specialty Electrical Contractor 52544 For Sale

Minnesota, US
Asking Price:
$900,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,301,471
Cash Flow:
$254,851

A unique opportunity to bolt on a turn-key commercial contractor who’s chosen field may fit nicely with your existing electrical contracting business. As revenue and cash flow increase so does the contracted reoccurring income. Management is in place; most business comes in from referrals or existing customers. Located in the Twin Cities (Where 90% of their customers reside) makes the daily routes easy to monitor and service. The business was adversely affected by Covid but is now enjoying the pent-up demand for their products and services and management believes this is the new normal. An individual buyer does not need to have an electrical background or license.
Sunbelt Listing ID: 52544
Real Estate Available: No
Real Estate Included: No

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

Property Information

Size in square feet:
5,000

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 7, Part Time: 1
Years established:
24

Other Information

Financing available:

Downpayment Required: $300,000.00

Furniture / Fixtures value:
$200,000 - included in the asking price
Inventory / Stock value:
$200,000 - included in the asking price
Relocatable:
This business can be relocated.