Trusted Electric Company, Offering Residential & Commercial Services in Northwest Florida

Featured on BusinessForSale.com . 6 viewed

Asking Price

$1,315,000

FOR SALE - ACTIVE

Detailed Information

Location

Florida, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

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

Show more info

Business Description

This long-standing Electric Company in Northwest Florida has established a solid reputation over nearly 50 years. Serving both residential and commercial customers, the company offers a range of electrical services, from outlet repairs to commercial rewiring for new constructions and renovations. A majority of their work consists of commercial projects, with the remaining 30% focused on residential jobs. The company has generated a significant amount of business through referrals from satisfied past and current clients. With a revenue of $1,014,383 and an operating profit of $287,246 as of June 30, 2024, the business boasts a strong foundation and backlog of work awaiting the new owner. The current owner is committed to facilitating a smooth transition by offering training, consulting, and ongoing support to ensure the success of the new owner. For nearly 50 years, this Electric Company has been a trusted provider of comprehensive electrical services in Northwest Florida. With a focus on customer satisfaction and a significant portion of business originating from word-of-mouth referrals,

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