Electrical Contracting Business in Florida! (37706)

Financial & Assets Details

About the Business

Business Description

Located in East Central Florida, listing provides electrical contracting for home builders and designers of Residential (90%) or Commercial (10%) projects within the surrounding county. Started in 1987, the services include system installations for new houses, retail stores, private offices and industrial buildings, schools, hotels, and restaurants among others. The 26 nonunion, skilled employees with field experience will stay post-sale, and the seller will continue hands-on operations during the transitioning process. Headquarters is 2,400 square feet of space situated within a 7,200-sq.ft. facility that is available for optional purchase. With room for administrative and warehouse purposes, the Property is in excellent condition. Located in a desirable area, the property includes a storage yard. It is zoned for commercial use and capable of handling additional capacity. Apart from maintaining a website and social media presence for promotion, the marketing efforts center on signages and referral sources backed by a large recurring customer base. Revenues in 2021 were over $3.6 million, with a Net Income of $595,000!

Seller Financing

Financing can be negotiable for the appropriate buyer.

Support & Training

Standard owner transition period.

Reason for Selling:

Approaching retirement and/or pursuing other interests.