Established Electrical Company Generates $8.6M Revenue
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Asking Price
$2,500,000
Detailed Information
Lee County, FL
Business Description
A well-established electrical company with a 30+ year history generates $8.6M in revenue annually, with a breakdown of 45% commercial, 10% residential, and 45% service work. The owner relies on contractor contacts and customer referrals to attract business, without any advertising efforts. The company offers comprehensive electrical services for both commercial and residential projects, ranging from new construction to renovations. It has a total of 60 employees, including office staff, with a strong sense of loyalty and dedication to the business. The business has proven financial success, earning $741K as of June 30th, with potential for growth through existing client relationships and new customer referrals. With a solid reputation in the industry, the owner is confident that the dedicated and content workforce of 60 employees, including office staff, will continue to contribute effectively under new ownership. The company's emphasis on quality service and strong employee morale make it a valuable investment opportunity for a prospective buyer seeking a stable and profitable business
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