Electrical Company with Year Over Year Growth

Price: $1,315,000

Location: Northwest Florida

Listing ID: 240205

Listing Status: Available

Description

6.30.24 Revenue: $1,014,383
6.30.24 Operating Profit: $287,246

Over the last nearly 50 years, this Electric Company has built a strong reputation in the Northwest Florida community. Much of the business is generated by word of mouth from past and present customers. The Company provides complete electrical services to residential and commercial customers from outlet repairs to commercial rewiring in new buildings or renovations. 70% of the work is commercial jobs while the remaining work is residential jobs.

Systems, processes and people are in place with a strong backlog of work ready for the new owner. The owner is willing to provide training, consulting and transition support to the new owner.

General Information:
Employees: 15 full-time employees
Facilities: Nearly 2,000 sq ft of space housing offices and 8,000 sq ft of warehouse.

Market Outlook
Growth and Expansion: Serving one of the fastest growing markets in Florida. Significant growth can be achieved through increasing technicians and doing more advertising.

About the Sale:
Support and Training: Will be provided by the seller.

Reason Selling: Retirement

LISTING DETAILS

Total Sales: $2,065,980

Cash Flow: $355,708

For more information on this listing, please complete our Non-Disclosure Agreement

LISTING BROKER

Lawrence Moore

Lawrence Moore