Electrical Contractor 3 Decades and counting

Buncombe County, NC

Seller Financing Available

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Asking Price:$520,000
Gross Revenue:$637,042
Rent:$1,425
Established Year:1994
Cash Flow:$169,028
Inventory:$15,000
FF&E:$63,595
BUSINESS DESCRIPTION

Are you ready to step into the shoes of a successful and established construction contractor electric business in Western North Carolina? Look no further - this is the opportunity you've been waiting for!

This thriving business boasts a remarkable 30-year legacy of excellence in the electrical contracting industry. With a proven track record of completing projects on time and within budget, The Owner is now seeking a driven individual to take over and continue the tradition of providing top-notch customer service.

As the new owner, you'll inherit a loyal clientele base and a reputation for delivering quality workmanship. With a focus on commercial and residential service calls, the potential for revenue growth is vast. Moreover, with the rising demand for EV vehicle charging, solar installation, and other innovative energy solutions, there is a golden opportunity to expand the business and tap into new markets.

Imagine the possibilities that lie ahead - as the proud owner of this established business, you'll have the chance to build on its strong foundation and drive it to even greater heights. With a solid foundation already in place, you can hit the ground running and start making a mark in the industry from day one.

Don't miss out on this chance to secure a profitable business with immense growth potential. Take the reins and make your mark in the thriving construction contractor electric industry in Western North Carolina.

Ready to seize this exciting opportunity? Learn more about this business for sale and take the next step towards becoming the proud new owner by visiting https://www.tworld.com/. The legacy awaits - are you ready to make it your own?


DETAILED INFORMATION
Location
Buncombe County, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/05/2026
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
With an over 30 year successful track record of completing projects on time and within budget. This electrical contractor is ready to retire and pass the torch to the next generation. He is seeking an electrical contractor who is ready to take the reins and continue his legacy of providing excellent customer service to many of the local residential GCs. Business is currently housed in a leased commercial industrial park that is well suited for business type while being centrally located near an Interstate.
Competition
Competitors are all local and similar in size. This makes it difficult to stand out and grow my business. I believe that a web and social media presence would boost sales immediately. G3 cable tugger Cable stripper 18 volt battery drills 1 3/4" rotary hammer drill w charger 2017 Ram 2500 Promaster w ladder rack 2019 Ram 2500 Promaster w ladder rack Misc. Romex wire reels 2-24' werner extension ladders 6- 6' Step ladders 2-4' step ladders 1-16' Step ladder Frigidiare Little Giant & Wagner Multi ladders Milwauke battery punch kit w charger 1/2" to 4"
Growth & Expansion
The new owner may grow the business by focusing on commercial construction and residential service calls. There is great potential for revenue growth in EV vehicle charging, solar installation, and other new energy options.
Financing
52000.00
Support & Training
2 weeks
Reason for Selling
retirement
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Sherrye
Coggiola
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Sherrye Coggiola