Construction - Special Trades | Electric, Gas, Water, Sanitary Services

Asking Price	$1,900,000	Inventory
Gross Income	$5,573,000	Real Estate	$260,000*
Cash Flow	$595,000	Year Established	N/A
FF&E	$1,540,000*	Employees	28

* included in the asking price

** not included in the asking price

Very Niche business. 2-3 competitors in the state! Sale includes $681,000 in Current Accounts Receivable, $85,000 in Current Retention Receivable, $291,000 in vehicles and $468,625 in heavy equipment (auction value), $22,050 in office FF&E, $260,000 in real estate and improvements (appraised). All assets will be paid off at closing. Buyer receives over $1.8 MM in hard assets. The business is selling for only $100k more than the value of the assets and the business cash flows over $500k per year over the last 4 years!! We collect 99.8% of our receivables. In fact, we have only written off $5-7k over the last 10+ years! We have strong G.C. and customers that feed us work. We are a specialty electrical contractor in metro Denver with 28 loyal employees, efficient systems, solid long-term customers/contractor relationships. We are well-trusted and our customers come to us over and over, year after year. We only have 1-2 competitors on most jobs. Municipal and commercial work only, WE DO NOT DO ANY RESIDENTIAL CONSTRUCTION. Sales have increased by an average of 20% per year over the last 5 years with no advertising, no marketing, or sales people. A buyer could easily double the business in 2-3 yrs. (in the current facility). There is excellent margin work at our door that we turn down every day. The seller is a tradesman and does not have the skills to grow the business. We just take a portion of the work being asked of us. This is the upside for the new owner!! No direct experience needed or license. The tremendous growth in Colorado provides an incredible need for this specialized work and we directly benefit from our proximity to 3 of the top 6 fastest growing counties in the U.S. Excellent location; close to 4 hwys. Over 10 key employees currently run the operation. To get a comprehensive SALES AND FINANCIAL PACKET on this business CALL OUR OFFICE 303-382-1907 or please go to http://www.listingsummary.com/nda.pdf to get non-disclosure forms to fax in.

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Facilities: 1,700 ft. building and 1-acre yard included in the purchase price which is strategically located for immediate access to 4 of Denver s main highways. There is enough room to double capacity in the current facility. The sale includes 19 well stocked, late model trucks. Also includes $800,000 in current Accounts Receivable and Retention Receivable and $1,000,000 in assets

Competition: We are very specialized and only have 2-3 direct competitors. We have created a nice protected niche for ourselves. It took many years to build solid, loyal relationships with our customers. In most cases they only use us. Almost all road work companies can t do the very specialized type of work we do. Please call for a detailed explanation of this point.

Growth/Expansion: We have never advertised or marketed our services. THE WORK JUST COMES TO US due to our excellent reputation and well established G.C. and customer relationships. Sales have increased by an average of 20% per year over the last 5 years with no advertising, no marketing, or sales people. The seller has spent the last 2-3 years positioning the business for sale and has a solid blue print to increase revenue and cash flow 300% within 2 years.

Financing: Seller confident in future success will carry a portion for a qualified buyer.

Support/Training: Seller wants to stay on. The current owner is committed to seeing the business continue to succeed. He will support the new owner and he is very comfortable carrying some portion of the sale price. Key employees are in place to ensure no interruptions. Most of our employees have been with the company for over 5 years and they very much manage themselves.