Electrical Contractor Business For Sale
Location Kentucky,United States
Asking Price Range $10.0M - $20.0M
Gross Revenues $8725000
Net Profit / Cash Flow $1725000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1972
Number of Employees 50 - 99
Inventory $4600000
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Training Negotible.
Reason for Sale Retire early.
Description Growing Western Kentucky Electrical Contractor - The sale of this business is pending. Growing Western Kentucky Electrical Contractor is active in several highly profitable businesses, with electrical contracting on a national basis provides over 50% of the company's revenue. The company expects 2011 sales to exceed $12m, with over two-thirds of these sales already under contract by 3/31/2011. Planned 2012 sales are $15 million or more. Thus, the high growth that the company has enjoyed for the past few years is expected to continue and increase. The company has several efforts well underway that are explicitly formulated to meet these growth objectives while retaining the company's high levels of profitability. The company's current owners, who manage the company, have owned the company for over a decade of its several decades of existence.
Furniture, fixtures, & equipment: $ 1,850,000
vehicles and / or rolling stock: $ 1,200,000
inventory: $ 1,550,000
accounts receivable (if included): $ -0-
land and buildings (if included): $ 1,000,000
other assets: $ -0-
current liabilities to be assumed: $ -0-
current notes to be assumed $ -0-
asking price: $ 13,000,000
down payment: $ 2,600,000
annual sales volume: $ 8,725,000
cash flow: $ 1,725,000
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