Reputable Electrical Services Company with 42 Years of Excellence

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Reputable Electrical Services Company with 42 Years of Excellence
This well-established business has been owned by the same individual for 42 years.

Key features include:
• Location: Centrally situated in Okaloosa County
• Team: 9 technicians and 2 administrative staff, 1 Supervisor, with a solid reputation and many repeat customers
• Seller is currently hiring more techs to keep up with the additional jobs
• Service Breakdown: 25% commercial and 75% residential (though 40% of profits come from commercial work)
• Assets: Well-maintained heavy equipment
• Seller: Will qualify the license if needed, for a reasonable fee
• Growth Potential: Significant room for growth, as there is no current website presence or any marketing
• Current Status: 2025 already exceeding expectations with signed contracts in place
• Equipment is paid off
• Seller is willing to stay on with the company for at least a year, and even offering a little seller financing is needed

Financial Information

  • $650,000 Asking Price
  • $259,965 Cash Flow
  • $1,095,030 Gross Revenue
  • $65,000 Down Payment
  • N/A Adjusted EBITDA

Business Location

  • City: Okaloosa County
  • State: Florida

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1983
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 10
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 35
  • Inventory Included: Yes
  • Inventory Value: $80,000
  • Monthly Rent: $698
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: $300,000
  • Building Size: 500
  • FF&E Included?: Yes
  • FF&E Value: $165,000

Training/Support

  • Weeks Training: 2 @ $0 cost
Business Listed by
image of Mark Quinn
Mark Quinn
Sunbelt Of South Florida
Show Phone Number
Listing ID
WESTPFL001-56478

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