Listing Number: 17441-141045
Description
Electrical Contractor in the Minneapolis suburbs with a proven track record of impressive revenue growth over the years. At present, they are at peak capacity, turning down projects—representing a significant growth prospect for a new owner through staff expansion. Business is anchored in catering to a dynamic array of projects, with a significant focus on the growing residential market from Minneapolis throughout the rapidly expanding northwest suburbs. Additionally, commercial projects referred from property management companies further amplify revenue streams. With a Master Electrician on staff, this business offers a valuable asset to prospective owners who may not hold this licensure. Take this opportunity to invest in a non-union company, where unexplored marketing avenues and existing builder and property management relationships present promising trajectories for future success and expansion.
Listing Details
- Price: $ 649,000
- Down Payment: $584,100
- Sellers Discretionary Earnings: $ 214,339
- Total Sales: $ 623,812
- Location: Minnesota
- Inventory: $ 15,000
- FF&E: $ 116,000
- Employees: 3
- Year Established: 2008
- Reason for Selling: Other Opportunities
- Category: Construction
