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Electrical Contract biz! Strong Customer Base!

Memphis, Tennessee (Shelby County)

Services - Miscellaneous Repair | Electric, Gas, Water, Sanitary Services

$Seller Financing Available

Asking Price $55,000 Inventory $9000* 
Gross Income $138,000 Real Estate  
Cash Flow Not Disclosed Year Established 1989
FF&E $30,000* Employees 1 f/t, 3 p/t

* included in the asking price

** not included in the asking price

Established electrical Contractors business for sale. Owner ready to retire after 50+ years in business. Owner owns both business and real estate and lives uptairs in 1000 sq foot apartment in trendy Uptown area in Downtown Memphis. Owner holds electrician license in Tenn, Ark, and Mississippi. Owner will stay and train for transition. This firm currently has over 100 customers in the Memphis area and has mix of 85% commercial and 15% residential. Seller financing available!

Seller Financing Available: Yes

Financing: Seller asking 35k down and will offer seller financing on the balance

Support/Training: Seller agrees to train and support new owner for a mutually agreed upon period of time.

Reason Selling: Retirement

Business For Sale By

Tom Gattas

901-362-9191

Elite Business Brokers, LLC.

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