Excellent opportunity to own or acquire an electrical service company based out of Coastal SC that mainly serves industrial customers. The company performs electrical installations in the Charleston SC area. They specialize in healthcare, hospitality, and worship centers and provide electrical maintenance and troubleshooting services. The Company has a team of highly skilled electricians that have provided specialized design builds throughout the area. Approximately 75% of the Company’s revenue is generated through multiple well-established construction companies in the area. They are one of the area’s most established and well-known electrical contractors.
- Asking Price:
- $3,300,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $7,311,423
- Cash Flow:
- $1,127,061
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The building is free-standing and owned by the business owner. It is available for sale or lease from the owner.
Business Operation
- Expansion Potential:
-
Opportunity exists for electricians as the industry differentiates itself by providing an economically essential service. The future is bright for established skilled labor as the supply chain disruptions vastly improve. Demand for electrical services is expected to remain high for years to come.
- Competition / Market:
-
The concentration of electrical contractors is low. Maintaining a reputation for quality and timeliness is essential for operators that gain new business through word-of-mouth recommendations.
- Reasons for selling:
-
Owner is retiring.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 33 FT
- Years established:
- 71
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$330K down/$330K over 120 mos. @ 8%/Other Financing.
- Furniture / Fixtures value:
- $217,000 - included in the asking price
- Inventory / Stock value:
- $34,000 - included in the asking price
- Relocatable:
- This business can be relocated.
