Hot Listing

High Volume Electrical Company In North Carolina For Sale

Asking Price$3,100,000

Cash Flow
$1,023,569
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,691,406

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

High Volume Electrical Company In North Carolina For Sale


Asking Price$3,100,000

Cash Flow
$1,023,569
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,691,406

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
HS Listing ID-65732

– Been in business almost 10 years.

– Tons of great reviews

– Owns property but willing to lease.

– 8000 sq ft total

– 10 Company Vehicles
Total Equipment $ 114,400.00
Working Inventory (approximate) $ 300,000.00

– 40% Residential- jobs last a couple hours to a day

– 60% Commercial- jobs duration are 6 months to a year

– Jobs come from leads (word of mouth), referrals, Google, Facebook, Radio Adds

– Reason for the sale: Owner is has other business ventures they wants to tend to.

– Owner will stay on to help with transition for 6 months to a year

Seller is willing to hold a note for $750k for 5 years at 7% interest

--Business is not SBA Approvable--

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Years in Operation
9
Employees
15
Real Estate
Owned or Leased
Leased
Rent
$7,500.00 per month
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Financing Options
Seller is willing to hold a note for $750k for 5 years at 7% interest.
Listing Info
ID
2355256
Listing Views
2915

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Business Listed by: Timothy McElroy Hedgestone Business Advisors

Listing ID: 2355256 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.