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#Business ID: 10866

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Highly Profitable Electrical Contractor - SE Alabama area Montgomery County, Alabama

Business Location: Montgomery, Alabama, United States

Asking Price: $ 2,200,000 Revenue: $ 1,781,630 Cash Flow: $ 508,439

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

A market leader in electrical contracting, this is the choice for those looking to acquire a long established business with strong sales and excellent cash flow. The company has a unique style that can be duplicated across the State of Alabama and possibly even nationwide. Since 1999 our client has focused on light commercial remodelling, service work, and residential installations for new homes with an emphasis on home builders.

The company adheres to the NEC and conducts all phases of electrical work, including lighting and computer cabling. It has a reputation for finding ways to do the required work faster than other companies with lower costs but with the same profit margins for each customer. The majority of projects are obtained via word of mouth from key builders and on competitive bids and design build projects. The company has doubled its profits every year while other competing companies have dropped in size or even gone out of business.

Covering 9 cities in SE Alabama, this is a fantastic opportunity to purchase a well structured and profitable business that still has room to grow. Interested parties will be asked to sign an NDA and demonstrate financial viability before Broker will submit any proprietary information.

Property Details

Years Established:

1999

FF&E:

$ 130,000

Inventory Value:

$ 28,000

Other Business Details

Premise Details:

The property is located in an 1400 sq.ft. industrial unit and is easily accessible, close to major roadways. The current rent for the premises is $650 per month.

Competition:

This business has the following competitive advantages: Reputation for excellent work and dependability. Consistent results day in and day out. A secure and well established business which offers much potential for the future. Secure relationships with volume builders. Experienced and highly trained crew that is loyal and willing to stay. Service is a huge growth area and the business is in an excellent position to take advantage of this.

Expansion Potential:

The Seller believes that the Buyer could improve the business by implementing the following: Continuous crew development take the employees to the next level. Expand into service contracts for new and old customers Increase marketing both online and local. Take on additional builders.

Business Operation Details

Employees:

27

Support & Training:

The Seller believes he can teach what he knows easily and quickly and he will provide an agreed period of training and transition to the new owner. Additional training/consulting is available from the Seller, if required and to be agreed upon by all parties.

Miscellaneous Details

Financing Available:

Yes
Seller financing is available to a qualified buyer with a sizeable down payment.

Reason For Selling:

Change of lifestyle/Other business Interest

Contact this seller

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