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Electrical contracting business that has been in business for over 20 years. This business serves a niche in the marketplace with minimal competition, and represents a great opportunity for a related company desiring to expand its services or for any individual purchaser seeking an established business with growth opportunity. Customers include a major city with a blanket contract for related work within the city and general contractors with which this business has a strong reputation. Strong and consistent sales volume and profitability, with reliable records including CPA-reviewed financial statements. Price includes all equipment, conservatively valued at $550,000, and inventory, but not working capital. Accounts Receivable, including work in progress, and payables would require additional consideration. Seller willing to consider financing a small portion of purchase price for a qualified buyer. Owner planning to retire but available for a reasonable transition period and consulting if desired.
Company established in 1997.
Only 3 contractors in this part of the state that operate in this niche market.
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