Need Power? Profitable, Electric/Generator Company For Sale

  • Listing# : 13837
  • Listed Price : $599,000
  • Total Sales : $1,271,328
  • SIC : 1731
  • Down Payment : $59,900
  • Status : Active
  • Discretionary Earnings : $246,675

Business Type :

Construction / Contractor Electric

Business Description :

Serving the needs of the Hampton Roads, Virginia community since 1987, this customer-driven electric company specializes in the sales, installation and servicing of high quality generators for both home and commercial use as well as electrical contracting services.  

One of the most valuable business assets is not found anywhere on the balance sheet ... the loyal, dedicated, well trained and customer oriented employees. The present team is small in number, but skilled and efficient and consistently delivers with minimal oversight. In times of crisis, they have proven to do whatever it takes to restore power to their customers in the shortest time possible. This response time combined with intimate knowledge of power systems and customer handling skills has differentiated this business from all of its local competitors.

This business has become well known and respected within the community -- and has consistently been recognized by its suppliers and manufacturer partners as one of the largest volume providers of home/business-based generation power equipment in the Middle Atlantic Region. By selling more, the business has built a very large and loyal customer base which not only breeds strong repeat and referral leads for new generator sales, but has built a significant customer book of after-sales service contracts. In fact, this business has well over 1,000+ customers on service contracts for bi-annual visits and warranty work. The business mix is 60% generators sales and service and 40% electrical contracting with both revenue sources complementing one another.

FINANCING AVAILABLE to qualified buyers!  This business, Real Estate,and an initial working capital loan has been pre-qualified for up to a 90% SBA financing package. A loan term sheet is available following receipt of a signed disclosure agreement and financial statement/proof of down payment funds.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $349,000
    • Incl : Available
    • Inventory $77,573
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $101,754
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $179,327
    • Incl : Yes

Lender Prequalified: Yes

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