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37763 – Fantastic Growth on Florida Electrical Company!

ConstructionFor Sale in FL

Financial & Assets Details

$3,819,969
$1,381,328
$276,000
Yes
$500,000
3,900+/-

About the Business

Opened in 1974; acquired in 1991.
20 nonunion.
Yes

Business Description

Enjoying an impressive growth of 90% over the past five years, Total Revenues for 2020 reached $3,819,969 alongside Seller Discretionary Earnings of $1,381,328 and Adjusted EBITDA values of $1,102,228, based on an independent evaluation! With company vehicles in great shape, listing specializes in commercial electrical contracting, clients include retail stores, climate controlled self-storage and restaurants, as well as fast food chains and others. Found in good condition and available for lease or purchase outside of Asking Price, two facilities total 3,900 square feet; both are zoned for commercial use and able to handle extra capacity. Located within the same street, the first structure is a 2,400-sq.ft. administrative office with ample parking lot, while the other is a soon to be remodeled 1,500-sq.ft. building with detachable warehouse and a large, secured yard. Assisted by a strong and vital team of 20 nonunion employees agreeing to remain post-purchase, business is ready for new ownership as training for field supervisor ensures easy transition into its hands-on operations. Aside from trade publications and effective self-promotion via website maintenance, marketing efforts rely on the backing of referral sources from company’s recurring customer base that surrounds the Florida Panhandle. With steady growth, this opportunity won’t last long, inquire today!

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

Two building total, properties are available for purchase outside of Asking Price.

Support & Training

Training for field supervisor will ensure easy Owner Transition into hands-on operations.

Reason for Selling:

Approaching retirement and/or pursuing other interests.

Listing ID: 37763 - Fantastic Growth on Florida Electrical Company!

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