Construction - Special Trades | Mfg. - Electronic & Electrical Equip.

Asking Price	$495,000	Inventory	$100,000*
Gross Income	$2,250,000	Real Estate
Cash Flow	$175,000	Year Established	1926
FF&E	$150,000*	Employees	10

* included in the asking price

** not included in the asking price

Great business for sale

This business is a sixty-five year old full service electrical company with both an on site electrical contracting & service division and an in house apparatus & motor repair shop. Projects completed by the electrical contracting & service division include electrical wiring of complete buildings & occupied floors for customers and installation of crane & conveyor system. A majority of the work is performed for machine shops & manufacturing plants within a specific geographic area. The in house division has the ability to do control wiring for panels, generators, pumps, cranes, and most industrial electrical machines. This division also is able to build ETL listed control panels and bring unlisted machines up to code and service most industrial, electrical, motor equipment.

Facilities: The business is located in approximately 12,000 square feet of space in a single tenant building. This space is divided between approximately 3000 square feet of office and 9000 square feet of shop space. The building is partially owned by one of the owners of the business. A long term lease will be offered to the purchaser of the business. A market study has placed a fair market rent value of $7600 per month plus triple net expenses on the space.

Competition: Excellent local reputation.

Financing: Seller will finance $245,000 for a qualified buyer.

Support/Training: Ownership is flexible regarding the terms of post transaction training/consulting and will consider signing an employment contract as part of the transaction.

Reason Selling: Retirement