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Electrical Contractor - very well established

Reno, Nevada (Washoe County)

Construction - Building | Construction - Special Trades

Asking Price $340,000 Inventory  
Gross Income $945,223 Real Estate  
Cash Flow $118,467 Year Established 1983
FF&E N/A Employees 6 ft / 2 pt

* included in the asking price

** not included in the asking price

This is an excellent opportunity for a licensed Electrician to own his own shop without having to deal with the typical issues associated with a start-up. This 24 year old established business has the clients, employees, systems and infrastructure already in place to ensure successFrom a regional perspective, the Northern Nevada area comprised of Reno, Sparks, Carson City and Lake Tahoe is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. This high desert region nestled at the base of the Sierra Nevada mountain range is consistently ranked as one of the top places in America to live and do business because of it s diversified economy, desirable climate, and quality of life. In quality of life studies, Men's Journal Magazine ranked Reno eighth among America's "50 Best Places To Live" and Cities Ranked and Rated Magazine named Reno ninth out of 331 cities among the best places to live. From a business perspective, Forbes Magazine ranks Reno 25th out of 150 cities for doing business. The Forbes/Milken Institute ranks Reno 26th out of 200 cities in their study "Best Performing Cities: Where America's Jobs Are Being Created". As a State, Nevada is also highly regarded. For example, Nevada was recently voted the best small business state in the country by the Washington-based Small Business Survival Committee. Secondly, The Center for Women's Business Research ranked Nevada third in the nation for growth in Women-owned firms..

Facilities: Business operates out of a fully functional facility with room for office personnel as well as ample warehouse and storage space. They are centally located with easy access to local highways. They have one year left on their lease plus a 5 year option.

Competition: This is a 24 year old established business with great name recognition and reputation for quality service and work. In the Contracting Industry, these are the types of qualities that can significantly differentiate one company from the next.

Growth/Expansion: Current owners have built their business on new and retrofit work. They feel that significant opportunities exist in developing commercial contract work as well as growing their minimal Service Department. The sale includes all vehicles and equipment in current use.

Financing: $150,000 down and $2,961/month, including principal and interest, for 84 months

Support/Training: Seller to train for 2 weeks at no charge to buyer.

Reason Selling: ready to move on to new challenges

AD # 357614

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