Growth Potential in Electrical Contractor in Oregon! (37682)

Financial & Assets Details

About the Business

Business Description

From the Greater Portland Area, special trade contractor offers electrical improvements, maintenance work, design-build and engineering projects for retail, medical, or other tenant businesses. Since inception in 1990, company has provided quality services to Remodeling Applications (93%) and New Constructions (7%), whether they be for Commercial (90%) or Residential (10%) clients. Headquarters is a prime 5,600 square foot facility leased monthly for an approximate $4,700 that’s complete with administrative space, warehouse storage and ample parking lot for fleet vehicles. Found in excellent condition and zoned for industrial use, the property is able to handle extra capacity as it features an additional building with negotiable availability if there is interest in future expansion. After a flexible transition of a standard year or more, company is ready for an ambitious buyer to continue operations alongside skilled team of sixteen employees with field experience who agree to remain post purchase. Besides maintaining a website for self promotion, marketing efforts focus on their proven-effective referral source system that’s backed by their large customer body, spread all throughout northwest Oregon and southwest Washington. Expecting to surpass previous gross sales in 2020 and with an annual average growth rate of 7%, Total Revenues for 2020 reached amounts of $3,117,116 next to SDE’s of $537,997. Based on an independent evaluation!

Seller Financing

Financing can be negotiable for the right buyer.

Location Details:

Total Value of Current Receivables, Prepaids & Deposits of $875,037 is open to offers outside of Asking Price!

Support & Training

Flexible transition of a standard year or more.

Reason for Selling:

Approaching retirement and/or pursuing other interests.