Company Overview
- Well-established electrical contractor in South Florida, operating since 1995 (29 years)
- Specializes in new residential and light commercial construction
- Excellent reputation for quality, professionalism, and service
- 80% of clients are long-term, including builders, architects, and general contractors
- $2.5 million in newly signed contracts; additional bids under client review
- Run by two owners: one oversees job sites, the other manages procurement and estimating
- 25 full-time employees (Dec 2024) plus stable subcontractor relationships
- 90% of work in new construction, 10% in service/remodeling
- Zero advertising — all business from repeat clients and referrals
- Contracts secured for at least the next 3 years
- Includes 8 company-owned vehicles (debt-free) and approx. $175,000 in inventory
- SBA loan pre-approved for $2,471,000 (U.S. citizens/residents only)
- Seller financing: $149,750 | Buyer down payment (with SBA): $374,250
- Investor Visa eligible
- Reason for sale: Retirement
- 60-day transition period with owner support
Financial Information
- 2023 Revenue: $6,700,630
- 2023 Net Profit: $333,782
- 2023 Add-backs (Owner expenses): $599,648
- 2023 Total Owner Benefit (SDE): $933,430
- 2022 Revenue: $4,715,274 | Net Profit: $336,607
- 2021 Revenue: $6,598,870 | Net Profit: $404,664
- Projected 2025 Revenue: ±$6,900,000
- SBA loan pre-approved: $2,471,000 (for U.S. citizens or permanent residents)
- Seller financing available: $149,750
- Buyer down payment (with SBA): $374,250
Facility Description
The business operates from a 4,000 sq. ft. warehouse and office space in a prime location with easy access to major highways and state roads. The facility supports both administrative and operational functions efficiently.
Monthly rent is $6,990, and the lease is long-term with renewal options available, offering stability and continuity for the new owner. The location is ideal for logistics and accessibility across South Florida.
