- Asking Price: $1,499,000
- Gross Income: $1,811,391
- Cash Flow: $700,973
- FF&E: $150,000
- Inventory: $75,000
- Employees: 11
- Real Estate: Leased
- Lease Expiration: 12/31/2025
- Established: 1985
Business Description:
Electrical Contractor with Strong Growth
A family-owned electrical contracting business located in Southwest Florida that has been diligently serving the local community for over three decades. Renowned for their outstanding customer service, superior workmanship, and unwavering reliability, the business has thrived on these principles. Along with extensive industry expertise, their services encompass a spectrum ranging from routine maintenance and repairs to undertaking new residential and commercial construction projects. They specialize in a variety of offerings such as Lights, Fans, and Switches; Panels, Breakers, and Outlets; Appliances and Electronics; Doorbells and Security Systems; Pool and Spa Wiring; Docks and Lifts; Back-up Generators; as well as Surge and Lightning Protection.
Detailed Information
Furniture, Fixtures, & Equipment (FF&E): Included in asking price.
Facilities: The premises is a standalone building with good transportation links just minutes from I-75. The building is 3,400 sq ft of flex space with room for additional staff and storage as the business grows.
Growth and Expansion: This business can be expanded into neighboring counties.
Support & Training: The owner will assist the buyer during a thirty-day transition after closing of the transaction to ensure continued success.
Reason for Selling: Retirement.