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Commercial Electrical Services With Government Contracts

Location  Virginia,United States
Asking Price Range  $250K - $500K
Gross Revenues  $625000
Net Profit / Cash Flow  $83000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1998
Number of Employees  6 - 9
Inventory  170000
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Leased
Training  2 contractors. Staff will more than likely stay on after the sale.
Reason for Sale  Retirement.
Description  Name, recognition, reputation, profitability, established patronage, growth capabilities, location, and priced to sell - all of these attributes make this Virginia-based electrical work business a sound venture for the fortunate party who acquires it. The business was founded in 1998 by the current owner, who has been in the trade for 45 years and is ready to see a new owner take it to the next level so he can retire. Call today for more details! This business offers all kinds of electrical work and does the majority of its business at government bases and some commercial locations. They are strictly a 100% commercial-based business. They have a good customer base with repeat business. Throughout the years, they have established a great relationship with the government and commercial community, basting a strong namesake that has been nurtured by the owner for the past 13 years. This is a fantastic opportunity to buy and own a solid cash flow business. Don't wait! This business offers electrical work in the commercial and government industries. There are 2 locations, a home office & remote warehouse approximately 3,000 sq ft with a small office and restrooms. The business could be operated anywhere within the region. With considerable competition, Customers are very happy with the quality of work, which means tons of repeat business! Implementing an aggressive marketing strategy would enhance profits for a new owner. If a new owner is qualified, he could apply for 8(a) status with the SBA, which would greatly increase work and profits. A new owner could also go into the residential market, as well. Inventory, equipment and vehicles are included in the sale. 2003 Dodge Ram 2500 pickup 2005 Dodge Ram 2500 pickup 2006 Dodge Ram 3500 pickup 1988 International 50 ft Bucket truck 2 storage trailers - 7x16, 6x12 Asking $375,000 25% financing is negotiable.
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