Electrical Contractor with Great Reputation
Listing ID: NAPFL001-N45
Listing Title: Electrical Contractor with 730K Cash Flow For Sale
Business Name: Withheld
Address | Street: Withheld, Withheld
Florida, USA Zip | Postcode: Withheld
NAIC Code(1st): 238210 (Electrical Contractors)
Reason for Sale: Semi-Retirement—Pursue New Ventures outside of Electrical Contracting
Year Established: 2011 Building Size: 6000
Year Business Acquired: n/a Parking: n/a
Days Open: n/a Employees: FT: 105 PT: n/a
Business Hours: n/a
Asking Price: $2,700,000.00
FF&E Included: Yes
Annual Receipts: $11,432,450.00 FF&E Asking: $685,782.00
Annual Cash Flow: $730,317.00 Payroll: $0.00
Downpayment: $0.00 Inventory Asking: $187,316.00
Total Monthly Rent: $5,100.00 Inventory Included : Yes
Financing Comments: For the right buyer, Seller will consider Seller Financing for a small portion of the sale price
Electrical Contractor with great reputation in Southwest Florida region
offered at $2,700,000. Offering includes $686K in FF&E and $187K of
Inventory, full bench of competent staff, consisting of skilled/experienced
techs, installers, and administrative staff. With several very large,
recurring, and referral-based customers in the books, the business is
experiencing exponential growth Year Over Year, and is poised to
continue its upward trajectory.
Note: Owner’s Benefit is $730k at the end of 2018. For the right buyer, the
seller will consider holding a note for a small portion of the transaction.
Due to the unique nature of this business and the variety of acquisition
structures that the Seller is willing to entertain, it will be assumed that the
Purchaser and/or advisor of the Purchaser will possess sufficient financial
sophistication to determine value and submit an offer to purchase.
Competition Description: Business has very few competitors that can service the same scale of
work, and their reputation stands out as the best for quality, service, and
professionalism. While the competition struggles to find labor, this
business has a waiting list of potential employees who are eager to work
for this company.
Growth/Expansion Overview: There is tremendous opportunity to grow and expand the company, as
the company has never spent a dime on advertising.
Support/Training Comments: Sellers are open to discuss staying in place and training the new owners
for as long as necessary, as to provide for a smooth transition post sale.
Semi-Retirement--Pursue New Ventures outside of Electrical Contracting
105 FTE including owners
Rent and lease terms:
$5,100/Mo Lease. 5 Year w/ approx 4 years remaining
There is tremendous opportunity to grow and expand the company, as the company has never spent a dime on advertising.
Price and terms
For the right buyer, Seller will consider Seller Financing for a small portion of the sale price
Sellers are open to discuss staying in place and training the new owners for as long as necessary, as to provide for a smooth transition post sale.