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BUSINESS FOR SALE - PROFILE #  41720072

Commercial Electrical Contracting Business
Coastal North Carolina

Asking Price: $2,250,000   Down Payment: $2,250,000  
Gross Revenue: $3,678,613   Adj. Cash Flow*: $889,644  
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Executive Summary
This well established, profitable electrical contracting business has been serving the coastal area of North Carolina for over 20 years. The business operates out of a 6,000 sq. ft. location central to the area.  Their reputation for dependability gives them the edge over their competition and has continued to allow for steady, consistent growth over the years. The majority of the business consists of a mix of new construction and renovations.  Projects are professionally managed by seasoned project managers that lead a team of qualified, skilled electricians. With a well seasoned, competent staff in place, this is an excellent opportunity for an individual or an electrical contractor wanting to expand to the coastal area of North Carolina. With the continued increase of population in the area, the growth potential is unlimited. This is a true “turn key” opportunity that includes all of the necessary equipment needed to operate the business successfully including several trucks used for it's projects.  The owner is willing to offer continued support post closing to ensure a seamless transition.

Acquisition Highlights

  • Monday - Friday 7:00 AM -5:00 PM
  • Great books and records. Minimal discretionary earnings.
  • The coastal area of North Carolina has experienced tremendous growth over the past 25 years with no signs of slowing down. This is an excellent opportunity for an individual or a larger electrical firm wanting to capture market share in the region.
  • All equipment is included in the sale including trucks and equipment to support the continued growth of the business.
  • Th e business was started in Dec 1999 by the current owner.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1999 Inventory:
Employees: 19 FT, 3 Mgrs Furniture, Fixtures & Equipment: $200,000 Included
Lease/Rent: $3,295 Real Estate:
Building Sq Ft: 6,000
    Total Assets Included in Sale: $200,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ken Puryear
Phone:  (910) 270-2927
Fax:  (910) 270-2928
Other:  (910) 620-1740
E-mail:  ken@vrwil.com
VR Business Brokers - Hampstead, NC
221 Hampstead Village
Hampstead, NC 28423
www.vrwil.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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