Established Electric Company

FOR SALE !

Martin County, FL

ASKING PRICE:

$550,000

Annual Figures 2023
Gross Sales: $822,353
Net Profit: $265,898

In business for 22 years
Services mainly just Martin County and some St. Lucie County
Projected to do $925,000 in 2024
Does not have physical location. Works from home.
1 owner is involved day-to-day in the business (some in the field, sales, estimates), 5 guys in the field, 1 part time office personnel
100% high end residential homes
50% service 50% new construction/remodel
They do no advertising. All business comes from general contractors. Lots of growth potential!
3 company vehicles come with the sale
Great retention with the employees
Booked to the end of the year with jobs
Fully approved by SBA lender
Owner will qualify the business with his license or 1 of the Master Electricians in the company
Owner will stay on for a transition period to make sure everything is smooth before leaving
Reason for the sale: Owner is moving to a different state