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Electrical Business for Sale

Ann Arbor, MI, USA
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Businesses For Sale | Electrical & Mechanical Companies For Sale

Listing ID : 426036

Posted on December 20, 2023 View Count 538

Price :
$325,000
Business Financials & Assets :
Gross Revenue:
$1,002,248
Cash Flow:
$347,976
Year Established:
1986
Inventory Included:
No
Estimated Value of Inventory:
$70,000
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$164,953
Property Details :
Business Details :
Number of Employees:
6
Real Estate:
Leased
Building Size:
2,400 Sq. Ft.
Facility & Tenant Improvements:
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.
Competition:
This business has a great reputation for excellence and quality in its work and customer service
Growth and Expansion Opportunities:
This has been a very steady stream of income for the owner for many years. Income could possibly be increased by securing more commercial accounts.
Terms :
NDA Required:
Yes
Broker Co-Op:
Yes
Financing:
Seller may consider a partial sellers note with a meaningful down payment.
Support & Training Offered:
Owner is willing to assist buyer as agreed to and needed.
Reason for Selling:
Retirement
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

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.

High Selling CBD / THC Store in Naples, Fl $850,000
High Selling CBD / THC Store in Naples, Fl

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