Primary Category:Electrical & Mechanical Businesses for Sale
This electrical contracting company was founded by the retiring owner 35 years ago. He works from the office and meets customers but does not work in the field as he has a skilled staff to do this work. There are 4 teams that do the work mostly on timed billing. They have numerous repetitive customers in different industries including industrial, commercial, marine and residential.
Included in the sale are equipment/vehicles with a value of approximately $200,000 and about $25,000 in inventory. The Seller owns the real estate and is willing to sell it for $500,000 or will lease it. Seller Financing will be considered on a Buyer for Buyer Basis.
A Buyer must have an existing license or will need to be able to procure one in the near future. Most of the customers are located between Jacksonville and St. Augustine, but they have location in mind for a satellite office. Contact Bill Law the listing broker at 704-904-6624 or email [email protected].
Financial Information
$499,000
Asking Price
$200,000
Cash Flow
$855,000
Gross Revenue
On request
Down Payment
Yes
Financing
Business Location
City:
Jacksonville
State:Florida
Financing Comments
Seller will consider some financing for a qualified buyer