Price:
$
3,900,000
Long Established Electrical Contractor for Sale in South Florida
Long Established Electrical Contractor for Sale in South Florida
Broward County, Florida
$
3,900,000
This is a thriving 35-year-old electrical contracting business located in Broward County, FL seeking a new owner. This well-established company boasts a strong reputation for quality and reliability, specializing in high-end residential, new construction (70% of revenue), and remodel work (15% of revenue), with service calls making up the remaining 15%. The business has a stable client base and enjoys a strong market position, with an experienced team of 25 full-time employees, many with long tenure. $150,000 in inventory included in the asking price. The sellers are committed to a smooth transition, and willing to stay longer after closing if needed. All prospective buyers and PEGS need an Electrical background and access to a license. All must provide proof of funds. Strictly confidential.
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Listing Details
Long Established Electrical Contractor for Sale in South Florida
Location:
Broward County, Florida
Down Payment:
$
3510000
Down Payment: $ 390000
Sales:
$
4550850
Sellers Discretionary Earnings:
$
1150294
Furniture, Fixtures, and Equipment:
$
304000
Rent:
$
6195
Employees:
25
Year Established:
1990
Reason for Selling:
Retirement
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
This is a thriving 35-year-old electrical contracting business located in Broward County, FL seeking a new owner. This well-established company boasts a strong reputation for quality and reliability, specializing in high-end residential, new construction (70% of revenue), and remodel work (15% of revenue), with service calls making up the remaining 15%. The business has a stable client base and enjoys a strong market position, with an experienced team of 25 full-time employees, many with long tenure. $150,000 in inventory included in the asking price. The sellers are committed to a smooth transition, and willing to stay longer after closing if needed. All prospective buyers and PEGS need an Electrical background and access to a license. All must provide proof of funds. Strictly confidential.
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