$1,195,000.00
Description
Well-Established Commercial & Multi-Family Electric Company For Sale
PRICE: $1,195,000
INDUSTRY: ELECTRIC COMPANY
LOCATION: MARICOPA COUNTY, AZ
Listing Description
The subject company is a well-established and successful commercial and multi-family electrical business with a long history and excellent reputation.
The Company’s revenues are driven primarily by approximately 60% multi-family/residential clients and 40% commercial clients in the Arizona market. The multi-family services provided are approximately 55% and 5% residential services. The commercial division is all retail, i.e., malls, office complexes, medical, retail stores, etc.
The Company has a phenomenal reputation with their clientele. The owner’s estimated 95% of their business to be repeat clientele. This is a testament to their quality of work provided and high integrity. Additionally, the Company does not do any advertising or marketing. Instead, they rely on their reliable services and word of mouth to continue their consistent revenue year-over-year.
Please Note –The Company requires a CR-11 contractors license to operate. Additionally, the owner’s are involved in the day-to-day operations, so it is recommended the Buyer have electrical experience.
Listing Details
Asking Price: $1,195,000
Gross Income: $1,948,897
Cash Flow: $487,460
FFE: $50,000 (Included in Price)
Inventory: 60,000
Reason For Sale: Other business interest
Training & Support: The seller is willing to train, the time frame is negotiable
Year Established: 20+ Years
Employees: 4
General Location: MARICOPA COUNTY, AZ