Long Established Electrical Contractor for Sale in South Florida

Listing Number: 0101-170067

Description

This is a thriving 35-year-old electrical contracting business located in Broward County, FL seeking a new owner. This well-established company boasts a strong reputation for quality and reliability, specializing in high-end residential, new construction (70% of revenue), and remodel work (15% of revenue), with service calls making up the remaining 15%. The business has a stable client base and enjoys a strong market position, with an experienced team of 25 full-time employees, many with long tenure. $150,000 in inventory included in the asking price. The sellers are committed to a smooth transition, and willing to stay longer after closing if needed. All prospective buyers and PEGS need an Electrical background and access to a license. All must provide proof of funds. Strictly confidential.

Listing Details

• Price: $3,900,000
• Down Payment: $3,510,000
• Sellers Discretionary Earnings: $1,150,294
• Total Sales: $4,550,850
• Location: Broward County, Florida


• Inventory: $150,000
• FF&E: $85,000
• Employees: 25
• Year Established: 1990
• Reason for Selling: Retirement
• Category: Construction