Listing Number: 7301-364067
Description
This 32-year-old Commercial Electrical Contractor business is available for sale. The business specializes in commercial and residential new construction jobs. The largest projects are from the commercial side, where they've done the electrical work for some of the largest clients in S Florida: Lowes, Walgreens, See Vee to name a few. In addition to providing quality EC services, the business does some sales on eBay to enhance the bottom line (approx. 10%). The listed value of the business has been augmented by $100k due to the large pipeline of business that is already under commitment but not yet started. A new buyer will inherit this entire pipeline. The value of these commitments exceeds $2.5mil, all expected to begin at the end of 2025 or the 1st Q of 2026. This brings in predictable revenue/profits to the next owner. Revenue in 2025 is expected to be around $1.3mil +/-.
Seller would be willing to stay on part time to continue to bring in new business and help as needed. Great opportunity to own a turnkey EC business with a 32-year history.
Listing Details
- Price: $ 799,000
- Down Payment: $799,000
- Sellers Discretionary Earnings: $ 226,299
- Total Sales: $ 1,450,015
- Location: Martin County, Florida
- Inventory: $ 100,000
- FF&E: $ 100,000
- Employees: 5
- Year Established: 1995
- Reason for Selling: Retire
- Category: Construction
