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Established Electrical Contractor with Real Estate option

Price: $975,000

Annual Revenue: $2,367,703

Net Cash Flow: $408,661

Industry: Construction

Location: Northern, Maine

For over 30 years, this business has provided residential, commercial, and industrial electrical services ranging from basic maintenance & repairs to large-scale new installations in northern Maine. Services include generator installation and maintenance, home electrical inspections, camera systems, fire & security systems, and phone & data networking systems. They offer 24/7 emergency services and are a registered Efficiency Maine Partner. They are partnered with a leading generator manufacturer which provides a large and steady source of revenue from installations and annual maintenance contracts. The staff includes 5 licensed journeyman electricians.

Listing Details

Real Estate: $325,000

Reason For Sale:

Retirement planning

Training & Support:

The seller will work with the buyer to ensure a successful transition to new ownership.

Operation

Employees: 13

Location

Square Footage: 1500

Facilities Information:

The location has an office building with a detached garage and a newly built two-car garage with a one-bedroom apartment on the second floor. The location is high traffic for the area.

Summary

Competition:

They have served their area for 30 years and have a stellar reputation for timely and expert service at reasonable prices.

Potential Growth:

They have grown steadily over the years and expect that trend to continue.

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