Asset Sale Description
NAI is pleased to present a unique and profitable business for sale, Don's Electric Inc. Founded in 1998, Don's Electric has been run by Don and Judy Hotter, located in Forsyth, Montana and has a long history of strong financials, highly trainined and skilled employees and an industry leading repuation for service and professinalism. The company is an electrical repair and maintenance service company with a broad service area across Eastern and Southern Montana with Electrician Teams located in the Forsyth region (Rosebud County) as well as in the Big Sky
area (Gallatin County).
Full Offering Memorandum (OM) available with signed NDA. Please contact Brokers for more info.
LOCATION INFO:
The business is currently located Forsyth, MT but has an expansive customer reach throughout Eastern and Southern Montana including active projects in Forsyth, Miles City, Billings, Big Sky and neighboring counties as well.
BUSINESS HIGHLIGHTS:
-The company has a long track record of high profile clients including the MT Dept of Transportation, Treasure County Commissioners and the DNRC,
among others.
-Big Sky-area projects included partnerships with Blue Ribbon Builders and Jackson Contractor Group. Revenue analysis indicates that approximately 30% of revenue is generated in the Big Sky area, with the remaining 70% derived from the Forsyth region.
-Don's currently operates out of a shop in Forsyth, MT which is available for Sale or Lease, in addition to the business offering.
OWNERSHIP and STAFFING:
-Currently owned and managed locally by Don and Judy Hotter. Don acts as Owner/General Manager for all operations. Judy helps secure permits for all jobs.
-Don's Electric currently employees 4 Full Time Journeyman Electricians and 1 part time office staff member. Three electricians are based in Forsyth and the 4th works exclusively in the Big Sky area.
-Most electricians are 25-35 year veterans and have expressed a desire to stay with the company after a sale to a new owner.
-All electricians are Union members with IBEW Local 532 based out of Billings. Don’s Electric, Inc., as the employer, covers 100% of the electricians’ health insurance, annuity contributions, and other unionrequired payments. Electricians are responsible for their
monthly union dues.
REAL ESTATE INFO: Real Estate in Forsyth is available for Lease or Purchase.
PROPERTY NAME: Don's Electric Shop
PROPERTY ADDRESS: 1460 E Rosebud Street Forsyth, MT 59327
BUILDING SIZE: 2,100 SF
BUILDING NOTES: Steel Siding/Roof, 14' Sidewall Heights, Gas Blower Heaters
YEAR BUILT: 2015
LEASE: $1,500/month + Utilities
PURCHASE: Price to be negotiated
PARKING: Off Street Parking
ELECTRIC: Single Phase
ROOF: Steel
area (Gallatin County).
Full Offering Memorandum (OM) available with signed NDA. Please contact Brokers for more info.
LOCATION INFO:
The business is currently located Forsyth, MT but has an expansive customer reach throughout Eastern and Southern Montana including active projects in Forsyth, Miles City, Billings, Big Sky and neighboring counties as well.
BUSINESS HIGHLIGHTS:
-The company has a long track record of high profile clients including the MT Dept of Transportation, Treasure County Commissioners and the DNRC,
among others.
-Big Sky-area projects included partnerships with Blue Ribbon Builders and Jackson Contractor Group. Revenue analysis indicates that approximately 30% of revenue is generated in the Big Sky area, with the remaining 70% derived from the Forsyth region.
-Don's currently operates out of a shop in Forsyth, MT which is available for Sale or Lease, in addition to the business offering.
OWNERSHIP and STAFFING:
-Currently owned and managed locally by Don and Judy Hotter. Don acts as Owner/General Manager for all operations. Judy helps secure permits for all jobs.
-Don's Electric currently employees 4 Full Time Journeyman Electricians and 1 part time office staff member. Three electricians are based in Forsyth and the 4th works exclusively in the Big Sky area.
-Most electricians are 25-35 year veterans and have expressed a desire to stay with the company after a sale to a new owner.
-All electricians are Union members with IBEW Local 532 based out of Billings. Don’s Electric, Inc., as the employer, covers 100% of the electricians’ health insurance, annuity contributions, and other unionrequired payments. Electricians are responsible for their
monthly union dues.
REAL ESTATE INFO: Real Estate in Forsyth is available for Lease or Purchase.
PROPERTY NAME: Don's Electric Shop
PROPERTY ADDRESS: 1460 E Rosebud Street Forsyth, MT 59327
BUILDING SIZE: 2,100 SF
BUILDING NOTES: Steel Siding/Roof, 14' Sidewall Heights, Gas Blower Heaters
YEAR BUILT: 2015
LEASE: $1,500/month + Utilities
PURCHASE: Price to be negotiated
PARKING: Off Street Parking
ELECTRIC: Single Phase
ROOF: Steel
Detailed Information
- Years in Operation
- 27
- Facilities & Assets
- Assets include Inventory, FF&E and Trucks, with a combined estimated value of $409,000. Summary, Inventory: $100,000 | FF&E: $55,950 | Trucks: $253,000. Full list of Assets in the Offering Memorandum, please contact Broker for more info.
About the Sale
- Transition Support
- Both owners are available post closing for standard transition assistance.
- Seller Motivation
- Retiring
- Financing
- Cash or New Loan (SBA7A)
Listing Info
- ID
- 2345728
- Listing Views
- 707
Attached DocumentsAttachment Disclaimer
Dons_Electric_Business_For_Sale_Flyer.pdf
Business Location
Listing ID: 2345728 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
