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Business for Sale Summary

Electrical Contracting Business in Atlantic County - 22330

Business Type: misc. service/non-classifiable,repair services,construction building,construction heavy,misc. construction/non-classifiable,construction special trades,absentee business,assets only sale,business with property available,illness forces sale!,seller financing available,professional services
Owner Financing
Electrical Contracting Business in Atlantic County
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Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $950,000
Gross Revenues $4,470,000 Lease Remaining Register Free to View
Owner’s Cash Flow $762,000 Number of FT Employees Register Free to View

Financing

$950,000 Down and Monthly payout on balance at 0% interest.

Business Description

Are you in the market for a full-service electrical contracting business? Look no further than this top company in its field. With over 18 years of experience, this business demands quality at a fair price, and its reputation and availability to its customers has served it very well over the years. Generating over $3,000,000 in revenue for the last few years, 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, and DE territories that it is currently licensed to operate. The sale includes all assets per balance sheet net of loan payoffs or loan acquisition, such as trucks, trailers, inventory, well-trained and experienced staff, and even its real estate offered directly from the seller. The only reason the company is selling is due to the passing of the beloved co-owner, and the present CEO/CFO wants to keep the quality and the quantity of the work produced by this company ongoing until it is passed on to the new owner who will care for it and its employees as the previous owner. If you're a serious buyer for a full-service electrical contracting business, this is the opportunity you've been waiting for. Don't hesitate any longer, call right now at 1-877-735-5224 to set up a meeting with the CFO of this extremely lucrative, electrical business for sale.

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.