Semi-Absentee Owned Electrical Contractor Business

Business
  • Listing# : 17687
  • Listed Price : $3,100,000
  • Total Sales : $7,311,423
  • SIC : 1731
  • Down Payment : $310,000
  • Status : Active
  • Discretionary Earnings : $1,235,746

Business Type :

Construction / Construction-Specialty Trades, Construction / Construction-Electrical, Construction / Contractor Electric

Business Description :

Excellent opportunity to own or acquire an electrical service company based out of Coastal SC that mainly serves industrial customers. The company performs electrical installations in the Charleston SC area. They specialize in healthcare, hospitality, and worship centers and provide electrical maintenance and troubleshooting services. The Company has a team of highly skilled electricians that have provided specialized design builds throughout the area. Approximately 75% of the Company’s revenue is generated through multiple well-established construction companies in the area. They are one of the area’s most established and well-known electrical contractors. 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $34,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $215,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $249,000
    • Incl : Yes

Lender Prequalified: Yes

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Construction