Status: Sold
Growing Stand-By Generator Business - Listing #: NAPFL001-N68
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**Growing In 2020** Offering standby generators in a state with severe thunderstorms, tropical storms and hurricanes mean business continues year round with a large potential for growth with the retirement generations. This business prides itself on exceptional, straight forward service and utilizes experienced sub-contracted installers and service technicians. With great reviews on service and professionalism this business has limited competition in this niche market. Closest comparible competition does not service as large of an area. **$150,000 in subcontracted installation work as of October 31st, 2020. Should a buyer want to install the generators themselves this subcontracted work could turn to profit! Buyer could also hire installer within business to remove subcontract work and save money!** |
| Reason for Sale | : | Move Out of State - Retire |
| General Location | : | SWFL |
| Organization Type | : | 'LLC' Hours Owner Works: 0 |
| : | Years Established: 4 Years Owned: 4 Emp FT: 1 Emp PT: 0 Mgrs: 0 | |
| Non Compete | : | Miles: 5 Years: 250 Weeks Training: 4 Cost: $0 |
| Operating dys/hrs | : | Mon-Sat 9am-5pm |
| Skills/Licenses | : | Electrical Contractor or Gas Contractor |
| Business | : | Is Relocatable: Y Is Home Based: Y Is a Franchise: N Is Lender P/Q: Y Should Qualify For Visa: N |
| Data Source | Annualized | Tax Return | Tax Return | |
| Year (Cash Flow) | 2020 (N) | 2019 (N) | 2018 (N) | |
| Gross Revenue | 1,107,102 | 766,872 | 1,081,292 | |
| Cost of Goods | 749,389 | 472,273 | 676,790 | |
| Gross Profit | 357,713 | 294,599 | 404,502 | |
| Expenses | 225,971 | 253,433 | 291,348 | |
| Net | 131,742 | 41,166 | 113,154 | |
| Owner Salary | 120,600 | 109,000 | 113,000 | |
| Benefits | 8,495 | 8,381 | 8,687 | |
| Interest Expense | 0 | 0 | 1,852 | |
| Depreciation | 0 | 49,610 | 20,749 | |
| Other | 0 | 0 | 0 | |
| Owner Benefit | 260,837 | 208,157 | 257,442 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 500 | Y* | ___________ | 0 | N* |
| F F & E | 17,500 | Y* | Total Assets | 18,266 | Y* |
| Leasehold | 266 | Y* | |||
| *Included? |
| Lease/Month: 266 | Square Footage: 240 | Building Type: Storage Unit |
| Terms & Options: Monthly | Expiration Date: |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| JASON BROOKS | Office | : | (239) 849-9334 | |
| ASSOCIATE | Fax | : | ||
| Home | : | |||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (239) 357-7073 |
| 999 VANDERBILT BEACH RD. STE 200 | ||||
| NAPLES, FLORIDA 34108 | : | jbrooks@sunbeltnetwork.com | ||
| USA | Home Page | : | www.sunbeltnetwork.com/naples-fl |