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.