Specialty Contractor Offers Electrical Work in Florida

Featured on BizBuySell.com . 9 viewed

Asking Price

$1,700,000

FOR SALE - ACTIVE

Detailed Information

Location

Florida

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This successful specialty contractor in Florida offers electrical work for both construction projects and repair services, with a focus on renovations and remodeling for residential and commercial clients. With a diverse customer base built over four decades, no single client contributes more than 15% of annual income. The company operates at full capacity and is poised for growth with potential to expand its service radius by hiring more employees. The business, located on the central-east coast of Florida, boasts consistent annual profits close to half a million dollars. Revenues in 2023 totaled $1,399,941, with discretionary earnings of $555,222. The team consists of eleven skilled nonunion employees with experienced managers who are expected to stay on post-sale. The company's future projections are promising, with estimates reaching up to $1.6 million in 2024. The company's operations are based in a well-maintained leased warehousing facility that includes office space and production areas. The business is led by a qualified team and has

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Listed By:

Name : Jason Hullender

Phone Number : Show Phone number

Jason Hullender typically replies in about 7 minutes

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