Business Listing

Electrical Contractor’s Business for Sale

Owner would like to retire and leave 3 electricians and office staff in good hands with another great company for them to thrive in. Seller currently does the estimating and is willing to train a new owner if buyer needs trained and/or would like additional mentoring. Owner has good loyal customer 3rd generation list; 80% residential, 20% commercial and industrial customers. Employees have been with the business for a long time.

2023 Revenue as of mid-May $396,683.23. With the additional electricians recently onboarded, seller anticipates a really good year!

There are 2 vans, a bucket truck, one trailer, and a Bobcat with bucket and forks that come with the purchase of this business. Inventory is negotiable and currently is maintained at an approximate value of $70,000 (not included in ask price). SDE cash flow is reflected in this advertisement. This is a non-union shop.

NOTE: In order to own this business you or someone on your team, must have a master electricians license and an Electrical Contractors license through the state of MI. Seller is willing to work with a qualified prospective buyer on this for a pre-agreed upon period of time.

If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement) . Call 734-323-0376 or email michelle.bbfbrokers@yahoo.com for more information.

Industry
Building and Const. Services
Segment
Electrical
Asking Price
$325,000.00
Ref ID
Established
0
# of Employees
6
Full Time Employees
0
Part Time Employees
0
Gross Revenue
$1,002,248.00
Cash Flow Type
Seller's Discretionary Earnings
Cash Flow
$347,976.00
Other Value
$0.00
FF&E
$164,953.00
AP/AR
$0.00
Real Estate in Asking
No
Inventory in Asking
No
Inventory
Inventory is negotiable and currently is maintained at an approximate value of $70,000 (not included in ask price).
Equipment
There are 2 vans, a bucket truck, one trailer, and a Bobcat with bucket and forks that come with the purchase of this business.
Real Estate
Leased
Facilities
Leased location has a one-year option to renew. It is currently operating out of 2400 sq ft commercial building which includes a warehouse, garage, storage areas, and offices.
Broker/Seller

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