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Commercial & Residential Electrical and HVAC (37992)


With a longstanding reputation stretching back nearly 50 years, this special trade contractor offers Heating, Ventilation, Air Conditioning & Electrical services for their community and the surrounding counties. The projects include new construction installation, renovations, service calls and routine maintenance for residential and commercial applications. With builder relationships accounting for 25-50% of revenues annually, the company has a diverse revenue stream including consumer and commercial clients as well. Though bid invites come in regularly for large, extensive projects, the current ownership has elected to stay focused on the small to medium sized projects. New ownership could grow the business by taking on the larger projects and incorporating a strong marketing program. The current marketing program has a strong focus on repeat clientele, referrals and direct sales with light promotions through social media and website traffic. Located in the Florida Panhandle, the 25,000 sq. ft. facility has warehouse, production, office space and covered parking for service vehicles. The facility is available for lease or additional purchase. The strong team of 25 longstanding employees are reliable and likely to remain post-sale. The owner handles general oversight with a manager and supervisor in place. The owner is flexible for either a standard transition period or an extended transitioning with compensation. With a steady upward revenue trendline, industry stability, project diversity and plenty of expansion capabilities, this is a fantastic opportunity. Priced to sell, this scalable listing won’t last long, contact us for more information!



Listed By: Flavia Milano

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Background information

Seller Number:

37992

Year established:

Acquired in 1973 and 1981.

Reason selling:

Time for slower pacing.

Finance

Sales:

$4,519,000

Profits:

$875,000

Profit type:

Discretionary Earnings

Operations

Employees:

25 nonunion.

Equipment:

$330,000

Inventory:

$60,000

Premises

Facility:

Property is available for purchase with an additional $1,500,000.

Square footage:

25,000+/-

Rent and lease terms:

Leasing option is available.

Opportunities

Market:

Repeat Clientele, Referrals and Direct Sales / Promotions via Social Media and Website.

Price and terms

Price:

$1,950,000

Financing:

Standard SBA-term financing will be negotiable for qualified buyers.

Owner Transition:

With manager and supervisor in place, owner is flexible for standard acclimation or an extended period with compensation.