Northeastern Minnesota Union Electrical Contractor Business For Sale - 11512

Price
$395,000
Location
Category
Electrical Contractors
Description

Northeastern Minnesota Union electrical contracting business near Lake Vermilion with a good reputation and solid customer base, employing 3 full-time electricians and owner works full-time in the field. Company also employs a full-time Operations Manager to run the business. Work is about 80% residential and 20% commercial. New construction is 75% of work and balance is remodel and service work. Good inventory of parts and materials in leased 40 X 60 heated shop and in the 4 service vans. Owner retiring after 28+ years of good profitable business. 

Listing ID
11512
Value From Year
2021
Cash Flow
$230,000
Equipment Price
$157,800
Gross Sales
$1,100,000
Reason for Selling
Retiring
Value Of Real Estate Included
No
Value Of Equipment Included
Yes
Years Established
28
Full Time Employees
4

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