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Residential & Commercial Electrical Contractor

Bluffton, SC
listing image
Asking Price:$348,500
Gross Revenue:$1,143,800
Rent:$2,000
Established Year:1993
Cash Flow:$102,700
Inventory:$11,000
FF&E:$90,000
Listing ID: 2020252Listing provided by BizBuySell
BUSINESS DESCRIPTION

Specialists in commercial and residential electrical service, remodels, and additions. This electrical contracting and service business has been serving Hilton Head Island, Bluffton, and neighboring communities for 30 years, and has earned a large repeat customer base due to the quality of their work, timeliness, and professionalism. The team, consisting of 6 technicians, an operations manager, and 2 owners (1 operations, 1 administration), have many years of successfully executing projects large and small.

ATTACHED DOCUMENTS
Confidentiality Agreement Download
DETAILED INFORMATION
Location
Bluffton, SC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
31/12/2027
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The shop and office is located centrally within their primary service area. The facility is a leased space consisting of a 2,400 square foot building and lay-down yard. The rent is currently $2,000/month NNN.
Competition
The level of competition in this area would be considered normal, with one-man operations, through multi-crew operations.
Growth & Expansion
The southern Beaufort County area continues to grow at a rapid pace, and neighboring Jasper County is demonstrating strong growth. With the combination of new homes and businesses, the continual growth of remodeling older homes and businesses, the demand for electrical contractors remains strong. The addition of a website and the establishment of a social media presence would greatly increase their presence.
Financing
The owner may consider some seller financing as a part of the overall financial packa
Support & Training
The owner will provide transitional training. Length of training period is negotiable.
Reason for Selling
Retirement.
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Bruce Raw - Will OGrady - Mike Russo
Hilton Head Business Brokers, Inc
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Bruce Raw - Will OGrady - Mike Russo
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