Essential Electrical Repair Business in Des Moines

Des Moines, IA
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Asking Price:$260,000
Gross Revenue:$1,884,000
Cash Flow:$257,600
Established Year:2009
BUSINESS DESCRIPTION

For Sale- This well-established, well branded electrical installation and repair business shows no signs of slowing down. The sale price includes two service vans plus an extensive equipment package. The local business serves a very large and protected territory; 80% of sales is residential; 20% is from commercial accounts. This is a proven legacy and generational business for the new owner. With an incredible 27% “year over year” revenue growth this business is literally taking off. The parent company fully supports its local units in fact the corporate office conducts interviews to hire, even the master electricians needed. Now, you can hire people for character and “culture fit,” and develop their technical skills on the job. The new owner will also get access to a host of discounts and rebates to put them ahead of the competition through our corporate partnerships which gives the owner the benefit of national buying power. The electrical market is in high demand and expected to exceed more than $11 Billion by 2024. The demand for work in this sector is projected to grow faster than the average for all trades over the next 8 years. No prior electrical experience needed. No Licenses Needed. Full training and transitional support will be included with this sale.

Additional Features Include:
• Needs-based /recession proof
• High scalability
• Multiple revenue service lines / revenue streams
• Recurring customer base
• Superior customer service ranking and referrals
• Large service area with more room for development of new business
• High profit margin / Predictable incomes


DETAILED INFORMATION
Location
Des Moines, IA
Inventory
Included in asking price
Employees
5
Facilities
FF&E includes 2 service vehicles and equipment assets
Financing
3rd party
Support & Training
training and ongoing support will be provided
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Lester
Stintson
Lester Stintson
Lester Stintson