Tupelo Data Room
Electrical & Mechanical
Active

Residential and Commercial Electrical Contractor - Piedmont Triad NC

Davie County, North Carolina, United States
Asking Price$475k
Revenue$554k
EBITDA-
Cash Flow$227k
Description
Providing commercial and residential electrical services to customers for almost 20 years, this company has developed a local reputation for excellence and consistently sees more new business opportunity than it can manage. It serves customers in Winston-Salem, Greensboro, High Point and other nearby communities. The business is operated efficiently with tight control on expenses, clearing a 41%+ cash flow margin in its most recent year. With skilled and experienced employees in place and equipment to run up to four crews, this business generates excellent cash flow, enjoys a loyal and satisfied customer base, and is poised for growth. Turn-key with financing available to a qualified buyer.
Furniture Fixtures & Equipment
$70k
Inventory
$5kIncluded in Asking Price
Number of EmployeesFull-Time: 3
Year Established
2004
Reason Selling
Retirement
Facilities & Assets
Sale price includes four vehicles used in the business, as well as trailers and miscellaneous equipment and tools typical for an electrical contractor.
Support & Training
The owner is willing to provide support and training after closing to assist with transition to the new owner.
Market & Competition
There are several other electrical contractors operating in the same market, yet this business consistently has more business opportunity than it can take on so there is plenty of room for growth.
Growth Opportunities
This business provides a solid cash flow foundation for a buyer and an excellent business reputation in its communities, with plenty of room to grow for an energetic new owner.
Financing Options
This business is prequalified for SBA financing for the asking price, with 10% buyer
Asking Price$475k