MergerPlace

Full Service Electrical Contracting

Virginia


  • Asking Price: $369,000
  • Gross Income: $470,762
  • Cash Flow: $153,009
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $20,000
  • Listing ID: #213514
  • Established: 1989
  • Employees: 4 FT

Business Description

Established 30 Years
Excellent Social Media Reputation
Consistent Year-to-Year Revenue and Earnings
Established Team – Including Master Electrician

Full Service Electrical Contracting Business. Operating 30 years this business has an established brand and stellar reputation. The business provides a full range of electrical contracting services including fuse and circuit breaker box replacements, residential remodeling, room additions, power circuit upgrades, LED conversions, lighting upgrades, additional circuits, and standby generators. Frankly the list of services is almost limitless, as their crews also provide wiring services for data, cable and telephone. The business focuses primarily on residential work with a light mix of commercial.

The business operates two fully equipped trucks with a master electrician and service technicians providing 24-hour emergency service. Sales leads generated from repeat customers, referrals, Angie’s list, Yelp, Google, Facebook, real estate and property management companies provide more business than can currently be scheduled leaving opportunity for rapid growth.

The owner will tell you the phone doesn’t stop ringing. Which is a grand complement to their past work, attention to detail, and craftsmanship. Having been in business over 30 years their current client base exceeds 30,000. Talk about a repeat customer base! Their trucks have been traveling the streets 30 years with the same branding producing excellent name recognition. Say the name and everyone knows the business. Their digital, print, radio and on vehicle advertising over the years continues to produce excellent brand recognition. When electrical issues occur, customers and potential customers know who to call. The owner has decided he is at the point in his career where it’s time to look to retirement offering his successful business to the next owner to carry forward. No surprise, the owner will insure a smooth transition into the business for a buyer candidate or strategic business buyer.

FINANCING AVAILABLE ...
This business has been lender pre-qualified. With 10% down, the lender will finance over 10 years at 8% to qualified buyers


Business Details

Primary Business Category: Construction - Building, Developing
Location: Virginia

Company Information

Year Established: 1989
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT

Financial Information

Asking Price: $369,000
Gross Revenue: $470,762
Cash Flow: $153,009
FF&E: $20,000
Inventory: $2,000
Seller Financing Available: Yes

Property Information

Facilities:

Home based.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers