Business Summary:
Excellent opportunity to own or acquire an electrical service company based out of Coastal SC that mainly serves industrial customers. The company performs electrical installations in the Charleston SC area. They specialize in healthcare, hospitality, and worship centers and provide electrical maintenance and troubleshooting services. The Company has a team of highly skilled electricians that have provided specialized design builds throughout the area. Approximately 75% of the Company’s revenue is generated through multiple well-established construction companies in the area. They are one of the area’s most established and well-known electrical contractors.
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| Year
Business was Established: 1952 |
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| Number of Employees:
33 FT |
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| Facilities / Terms of Lease:
The building is free-standing and owned by the business owner. It is available for sale or lease from the owner. |
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| Potential
Growth/Expansion:
Opportunity exists for electricians as the industry differentiates itself by providing an economically essential service. The future is bright for established skilled labor as the supply chain disruptions vastly improve. Demand for electrical services is expected to remain high for years to come. |
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| Competition:
The concentration of electrical contractors is low. Maintaining a reputation for quality and timeliness is essential for operators that gain new business through word-of-mouth recommendations. |
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| Owner
willing to finance:
$310K down/$310K over 120 mos. @ 8%/Other Financing. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Owner is retiring. |
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Seller Reference Number: 1203-17687
BusinessMart.com Listing Number: 297624 |
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