Metro Electric Service Contractor – $47K Down- SBA Financing

This well-established electrical service and repair company has an experienced crew and provides outstanding service work with commercial clients, property managers, homeowners and industrial customers. The business has built a solid reputation for service, providing a full menu of electrical work to their customers. Experienced in renovations and remodeling projects for both residential and commercial applications, their lighting services make homes and businesses feel warm and inviting. The new owner will have a robust pipeline of projects and no client makes up more than 10% of the annual income, thanks to 3 decades of varied clientele. All equipment and vehicles are included in the price and have been well maintained. The knowledgeable and seasoned techs take pride in their craftsmanship and customer satisfaction. Fully equipped vans with excellent equipment make this a turnkey operation. The owner runs logistics but does not work as a tech. Zero advertising, no website presence, this business has grown organically by being fair, honest, and dependable. SBA financing is available for a qualified buyer.

Sunbelt Listing ID: 3-2360


Listing ID:
3-2360
Industry:
Construction
Location:
Minnesota
Revenue:
$1,303,765
Business Price:
$400,000
Down Payment:
$47,600
SDE (Cash Flow):
$220,662
Listing Agent:
Richard Jahnke
FF & E:
$50,000
Inventory included in sale:
Yes
Inventory Value:
$3,000
Years in Business:
20+ years
Employees (Full-Time):
5
Employees (Part-Time):
2
Reason for selling:
Retirement
SBA Financing Available:
Yes

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