Hot Listing

Nice opportunity to purchase an established electrical contractor.

Asking Price$1,500,000

Cash Flow
$383,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$315,000
Included in asking price
FF&ENot Disclosed

listing imageSave
Hot Listing

Nice opportunity to purchase an established electrical contractor.


Asking Price$1,500,000

Cash Flow
$383,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$315,000
Included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Great opportunity to expand your electrical contracting business.
Great opportunity to expand and diversify. Great opportunity for an electrician considering becoming self-employed. Company is a licensed, bonded and insured electrical contractor with a concentration on providing residential, industrial, and commercial service within a 50-mile radius of Indianapolis, Indiana. The company has been a major electrical contracting presence in Indianapolis and the surrounding counties.
Today, the company performs electrical remedies and repairs for residential, industrial, and commercial customers; tenant finish services for builders, landlords, and renters; renovation and new installation for residential and commercial customers; landscape and parking lot lighting and maintenance; trenching and bucket truck work.
This company has been licensed in the State of Indiana and Marion County since 1987. This Electrical Co also holds licenses in the following cities and counties: Anderson, IN; Fishers, IN; Franklin/Johnson County IN; Lawrence, IN; Lafayette, IN; Lebanon, IN; Marion, IN; Martinsville, IN; New Castle, IN; Columbus/Bartholomew County; Muncie/Delaware County; Shelbyville, IN; Speedway, IN; and Southport, IN.
About the Business
Years in Operation
38
Number of Employees
7
Facilities & Assets
7 Employees that includes the 2 owners:

They occupy 6,000SF and only have a monthly rent of $1,800. This is on a MtM lease.
2001 International 4000 Series Bucket Truck $7,500.00
2008 Chevrolet G3500 Express Cutawa Dirt Truck $3,000.00
2011 Ford Econoline 150- $6,000.00
2015 Chevrolet Cargo Express G2500-$8,000.00
2017 PJ Trailer Mfg Co D2122 Trailer $10,000.00
2017 Ford Transit T-250-Extra Truck $10,000.00
2020 Patriot Utility Equipment Trailer $4,000.00
2021 GMC Sierra 2500HD Crew C-TJ $30,000.00
Much more to list.
Market Outlook / Competition
Great growing market... Competition is limited mostly to other local electrical contractors. Company has a solid customer base.
Opportunities for Growth
Company has been successful due to quality and good customer service. They only advertise on Facebook page and website. Huge opportunity for expansion.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,000
Rent
$1,800.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Will stay on for 30 days to support the sale and new owners at no cost. Will stay longer to assist as needed
Financing Options
Seller financing only for up to 10 or 15 percent of sale price depending on owner app
Listing Info
ID
2404813
Listing Views
985

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: George Gianares Timio Consulting

Listing ID: 2404813 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.