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Business for Sale Summary

Electrical Contractors - 22330

Business Type: misc. servicel/non-classifiable,professional services,repair services,construction businesses,building,heavy,misc. construction/non-classifiable,special trades,absentee business,assets only sale,best deals!,business with property available,illness forces sale!,seller financing available
Owner Financing
Electrical Contractors
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Financial Information (non-confidential)

General Information
Asking Price $700,000 Down Payment $400,000
Gross Revenues $1,150,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and 300,000 at 0% to qualified buyers with proof of funds

Business Description

ATTENTION INDUSTRIAL AND ELECTRICAL BUSINESS BUYERS THIS COMPANY WILL ALMOST PAY FOR ITSELF WITH THE ACCOUNTS RECEIVABLES ALONE!!! So if you are a serious buyer for a full service electrical contractor that specializes in emergency power generator installation, then look no more. This is the top company in its field which demands quality at a fair price. The seller would never trade the reputation and respect of their company for any amount of money. Its reputation and availability to its customers has served it very well over the last 18 years. This business has been generating over $3,000,000 in revenue for the last few years AND CURRENTLY POSSESSES $3,000,000 IN CONTRACTS TO START OUT 2017. In fact, business is being turned down due to demand cannot be kept up with at its current level quality control. The sellers owner cash flow will exceed $500,000 between 2016 and 2017 at current levels of production. This is not even including all the income from an extremely lucrative project that will take a year to complete starting in 2017 and finishing in 2018. This company is showing a phenomenal 22% net income to revenue. This company has very little competition, and the competition today is no threat as far as hurting revenue and strategic growth projections for the NJ, PA, DE, and MD territories that it is currently licensed to operate. It specializes mostly in Commercial, Government, and large residential projects that need generator installations, wire pulls, rewiring and repairs, industrial applications panels and conduits, commercial and residential excavations, and even has an entire line of rental generators and transformers at their disposal which range from 20KW up to 2000KW. Even though this company is located in Southern New Jersey, it dominates the Northern Jersey communities as well as neighboring States. The only reason the company is selling is due to the passing of the beloved owner and foresight of the CFO to keep the quality and the quantity of the work produced by this company ongoing until it is passed on to the new owner which will care for it and its employees as the previous owner. In addition to the contracts already signed and waiting to be completed, the sale will also include all assets: trucks, trailers, inventory, and it?s well-trained and experienced staff. This company is looking to be acquired by a larger organization or individual that has the added personnel to take advantage of the business being turned down, and the vision to be the largest in its region. So do not hesitate any longer, call right now to set up a meeting with the CFO of this extremely lucrative, electrical business for sale right now. It will not last long when buyers find out that it holds contracts that will basically pay for itself. Call Vested Business Brokers and ask for Rick Murray. Remember, any reasonable offer is better than no offer at all. However, with this company the offer of $700,000 is backed up like insurance with the company itself.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.