General Electrical Services Contractor with Real Estate & Inventory

Financial Information

  • Asking Price: $275,000
  • Gross Revenue: $52,000
  • Cash Flow: ON REQUEST
  • Down Payment: $25,000
  • FF&E (Included): N/A
  • Inventory: ON REQUEST
  • Financing: No

Business Location

  • Confidential
  • Missouri
Primary Business Category: Electrical Contractors

General Electrical Services Contractor in business since 1974 operating as a one man business. Owner often worked a second job overnight then his electrical business 7 am - 3 pm daily. Owner is currently semi-retired working as needed to remain active and simply because he loves the business. Business has no debt and an excellent reputation for service. The purchase of the business offers an excellent opportunity for a business person or an enterprising electrician to break out on their own as a General Electrical Contractor. Current owner is willing to stay on as needed to assist new owner in growing/developing the business. Owner truly feels this business can quickly grown exponentially utilizing a team of 5-8 electricians and aggressively pursuing all opportunities in the market.

Competition Description

This is a very competitive industry. Owner feels there are many good companies, but definitely room for more good companies who focus on service and their clients. He feels the threat to the industry is "pop up" shops focusing on low cost shabby work. Also, contractors who sell their licenses resulting in inferior work at lower prices. The current owner feels the industry can support another quality electrical company. This opportunity comes with an excellent reputation, a current owner who is willing to stay on to support the new owner, an excellent warehouse/office building capable of meeting the needs of a growing business, a vast inventory of parts/supplies, as well as two trucks and additional equipment. A new aggressive owner can hit the streets running from day one.

Growth / Expansion overview

Realistic growth in the range of 4 to 5 times current levels can be achieved with proper planning, greater social media & market presence, and a quality team of electricians. Quality and service have no equal and sell themselves.

Support / Training Comments

Current owner is willing and eager to assist the new owner in anyway necessary. Owner is willing to remain on as an employee, consultant, and mentor. As a one person business, the current owner built his business on personal service. He wants to transition that good will and success into assisting a new owner to quickly take this business to the next level.

Financing Comments

Not owner financed. All items included in the $279,000 Sale Price (building, inventory, trucks/equipment, goodwill, market insights, consulting, etc.) are all owned outright. No liens. Excellent opportunity for rapid growth by new owner utilizing a motivated 5-8 person team of electricians while implementing an aggressive marketing push featuring signage on building, signage on trucks, local/community print ads, and a presence in social media.

Reason For Sale
Owner is semi-retired. Works as a General Electrical Contractor. Business has provided a comfortable living serving as a second job/source of income most years. The $279,000 Sale Price includes the building, owner consulting and insight into market opportunities, extensive parts inventory, account list, building, & equipment (which includes two vehicles). This business provides an excellent jump start opportunity to grow exponentially utilizing a 5-8 person team of electricians
  • Home Based: No
  • Year Established: 1974
  • Franchise: No
  • Year Acquired: 1974
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: N/A
  • Real Estate Asking: NEGOTIABLE
  • Days Open: as needed
  • Hours Open: as needed
  • Fulltime Employees: 0
  • Part time Employees: 1
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: N/A
  • Building Size: 1150 sq ft
  • Monthly Rent: N/A

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Business Listed by

Sunbelt St. Louis

Contact: Michael Gianino
Office Phone: 314-412-6098
Mobile Phone:
Listing ID: STLOUMO002-N1

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