Profitable and Growing Electrical Contractor

This Listing is Closed

Business
  • Listing# : 16353
  • Listed Price : $649,900
  • Total Sales : $1,025,455
  • SIC : 1731
  • Down Payment : $64,990
  • Status : Closed
  • Discretionary Earnings : $279,680

Business Type :

Construction / Contractor Electric

Business Description :

This electrical services company is a rapidly growing business with key personnel in place.  This Company has excellent policies and procedures as well as a good inventory control system.  Weekly onsite training classes are offered and the business is poised for growth into additional markets.  This is a great opportunity to own a profitable, organized and efficiently run electrical business.  

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 3-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month), for a total savings of $15,783 for the loan shown. The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee ($14,038 for the loan shown). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $10,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $24,055
    • Incl : Yes
    • Other: $0
    • Incl : Yes
    • Leasehold $0
    • Incl :
    • Total Assets $34,055
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Construction