Listing Details:

  • Business Category:    Construction
  • Price:                            $ 590,000
  • Gross Revenue:          $ 2,286,263
  • SDE:                             $ 212,282
  • Seller Financing:         $ 59,000
  • FF&E:                           $ 202,420
  • Location:                     Twin Cities
  • Employees:                 14
  • Support &Training:     8 weeks
  • Reason for Selling:     Retirement           
  • Non-Compete:             50 miles for 5 years   
  • Years Owned:              9

Business Description

Transworld Business Advisors North is representing one of the Metro’s seasoned and successful electrical contractor companies. This business is an established player in the electrical contractor market and has strong relationships and agreements in place with leading residential builders. Effectively servicing the commercial space as well, this company’s footprint is expanding beyond the Twin Cities.

With 14 full-time employees, including several journeyman electricians, this business enjoys a depth of experience and company loyalty within its crew. This strong team has management in-place and features efficient delegation that allows the retiring owner to work only 20 hours per week.

The quality of the business and its employees is reflected by positive online reviews, a well-maintained fleet of vehicles, and a top-notch website. Seller financing is available, and so is real estate (separately).

 

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minnesota@tworld.com

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+(888) 290-5232

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