Profitable electrical contractor, $2.4M sales. [City, State]
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Asking Price
$1,100,000
Detailed Information
Business Description
This well-established Commercial and Residential Electrical Contractor, founded in 2000, boasts an average annual Gross Sales of $2.4 million. With a Seller's Discretionary Earnings (SDE) exceeding $356,000, the business includes $250,000 in Accounts Receivables and anticipates Purchase Orders of over $2 million in 2024. Operating primarily from a well-equipped and well-staffed location, the business is split 25% residential and 75% commercial, offering a solid foundation for growth and success. The opportunity presents a financially sound venture for aspiring entrepreneurs looking to expand their current business presence or acquire a thriving enterprise with a track record of positive reviews. With the option to continue operating from the current office location, the seller is offering a lease to facilitate a seamless transition. This unique chance allows potential buyers to step into a lucrative business with a strong client base and significant growth potential in both commercial and residential sectors. Overall, this 24-year-old Electrical