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Business Listed by

Sunbelt Durham

Contact: Shanon Madrid
Office Phone: 919-624-9275
Mobile Phone: 919-624-9275
Listing ID: DURHANC001-N74

Central North Carolina Commercial & Residential Electrical Contractor for Sale

Financial Information

  • Asking Price: $700,000
  • Gross Revenue: $801,682
  • Cash Flow: $248,708
  • Down Payment: ON REQUEST
  • FF&E (Included): $105,000
  • Inventory: $100,000
  • Financing: Yes

Business Location

  • Central North Carolina
  • North Carolina
Primary Business Category: Electrical Contractors

This 18 year Commercial & Residential Electrical Contractor holds an unlimited electrical license, is fully insured and provides twenty-four-hour commercial, industrial and residential electrical services in a strong and growing market. 98% of their work is commercial services. SDE averages $250k per year with 5 Ft employees and 1 PT with 4 vehicles. In addition to customary electrical services such as meter repair, electrical panel installations and circuit wiring, their expert service technicians also provide thermal imaging and energy surveys of houses or buildings. They specialize in lighting design and installation, LED retrofits, and LED lighting upgrades. if you would like more information; please contact Shanon Madrid @ 919-858-6853 Ext 101 or [email protected]


Competition Description

Highly specialized and strong reputation.


Growth / Expansion overview

Centrally located in in Forbes top 5 fastest growing markets in the U.S.


Support / Training Comments

Seller will transition as needed and has a solid Service manager in place.


Financing Comments

Seller will consider a note for highly qualified buyer.


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 2001
  • Franchise: No
  • Year Acquired: 2001
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences: Electrical and business

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday - Friday
  • Hours Open: 8:00am-5:00pm
  • Fulltime Employees: 5
  • Part time Employees: 1
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 1,200 sq ft
  • Monthly Rent: $3,000

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