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Listing ID: 3228496

Electrical Contracting Business in Atlantic County-22330 For Sale

Atlantic, New Jersey, United States

$ 1,500,000

(Inventory / Stock included)

Revenue: $ 6,000,000

Cash Flow: $ 1,182,936

Business Description

ATTENTION INDUSTRIAL AND ELECTRICAL BUSINESS BUYERS THIS COMPANY WILL ALMOST PAY FOR ITSELF WITH THE ACCOUNTS RECEIVABLES ALONE!!! So if you are a serious buyer for a full service electrical contractor that specializes in emergency power generator installation, then look no more. This is the top company in its field which demands quality at a fair price. The seller would never trade the reputation and respect of their company for any amount of money. Its reputation and availability to its customers has served it very well over the last 18 years. This business has been generating over $3,000,000 in revenue for the last few years AND CURRENTLY POSSESSES $4,000,000 IN CONTRACTS TO START OUT 2017. In fact, business is being turned down due to demand cannot be kept up with at its current level quality control. The sellers owner cash flow will exceed $400,000 between 2016 and 2017 at current levels of production. This is not even including all the income from an extremely lucrative project that will take a year to complete starting in 2017 and finishing in 2018. This company is showing a phenomenal 12% EBITDA to revenue. This company has very little competition, and the competition today is no threat as far as hurting revenue and strategic growth projections for the NJ, PA, and DE territories that it is currently licensed to operate. It specializes mostly in Commercial, Government, and large residential projects that need generator installations, wire pulls, rewiring and repairs, industrial applications panels and conduits, commercial and residential excavations, and even has an entire line of rental generators and transformers at their disposal which range from 20KW up to 2000KW. Even though this company is located in Southern New Jersey, it dominates the Northern Jersey communities as well as neighboring States. The only reason the company is selling is due to the passing of the beloved co-owner and foresight of the present CEO/CFO to keep the quality and the quantity of the work produced by this company ongoing until it is passed on to the new owner which will care for it and its employees as the previous owner. In addition to the contracts already signed and waiting to be completed, the sale will also include all assets per balance sheet net of loan payoffs or loan acquisition: trucks, trailers, inventory, it's well-trained and experienced staff, and it's Real Estate offered directly from Seller. This company is looking to be acquired by a larger organization or individual that has the added personnel to take advantage of the business being turned down,and the vision to be the largest in its region. So do not hesitate any longer, call right now to set up a meeting with the CFO of this extremely lucrative, electrical business for sale right now.

Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-22330 for instant access to this business information.

Property Details

Years Established:

1992

FF&E:

$ 258,102

Inventory Value:

$ 65,000

Operation Details

Employees:

30FT

Support & Training:

Seller will train

Miscellaneous

Financing Available:

Yes
950,000.00 Down & Monthly payout on balance at 0% interest.

Reason For Selling:

Personal

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