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Est. Comm. & Residential Electrical Contractor Business

Virginia

Asking Price: Gross: Cash Flow:
$395,000 $1,050,040 $115,840

Furniture and Fixtures Value:
$92,477 (included in the asking price)

Inventory Value:
$25,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Owner Operated Established in 1998 Strong Brand and Reputation Experienced and Loyal Employees Spectacular ReviewsOperating for over 25 years this well-established electrical contracting business offers a great opportunity for a licensed and experienced individual to take over a very reputable going concern. The business is fully equipped with five attractively wrapped and branded vehicles operating out of a centrally located commercial space. The business employs six full-time technicians and two in-house managers. And from day one the owner has established a brand and culture where the employee base is a cohesive team consisting of successful and experienced individuals performing superior services every day. Their reputation and reviews fully support and recognize the ingrained culture the business has established.The day-to-day operations cover every imaginable electrical repair including electrical panel upgrades, indoor and outdoor lighting upgrades, electrical outlets, and distribution both on the commercial and residential side. In addition, the business handles every aspect of backup generator systems and smart home products. The business is a certified dealer for a major generator brand, and the smart home products, which are top of mind these days, include Automated Security Systems, Solar Energy, Security and LED Light Conversions, and Vehicle Charging Stations to name just a few. Their experienced staff find no job too large or small; they do it all.The seller is retiring and is willing to transition a buyer over a reasonable period to insure a smooth and successful transition.

 
   
   
Year Business was Established: 1998
   
Number of Employees: 8 FT/2 PT  
   
Facilities / Terms of Lease: The operating facility is centrally located on a major thoroughfare including storage and office space.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
 

 

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