3389VM Electrical Contracting Co.
Passiac County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $2,500,000 |
$6,020,415 |
$526,514 |
Furniture and Fixtures Value:
$100,000 (included in the asking price)
Business Summary:
Owner of this well esteemed new school electrical contracting company is at a stage where he wants to retire.Extremely successful operation where future work load is dependent on competitors bidding. Corporation at present has $10,000000 in future contracts bids to cover until end of 2009.These contracts should realize between $2,500,000 to $3,000,000 in net profits Company is well known and highly esteemed by its peers .Bonded for $10,000,000, qualified by state DBC for $15.000,000.At present owner works from home and would be available to stay on as consultant. In his 25 years at the help every job completed and never sued.
|
|
| |
|
| |
|
| Year
Business was Established: 1982 |
| |
|
| Number of Employees:
7-25 |
|
| |
|
| Facilities / Terms of Lease:
Owner works from home and worls on plans and budgets and bids from there. All bids are generated through computer software |
|
| |
|
| Owner
willing to finance:
Owner willing to accept $1,000,000 payable in 5 years at 8.5 % |
|
| |
|
| Owner
willing to train:
Owner would stay on as consultant |
|
| |
|
| Reason for selling:
owner has had enough and want sto relax |
|
|
|
| REQUEST MORE INFO |
 |
|
