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Florida State Certified Electrical Contractor founded in 2002
BUSINESS FOR SALE IN Southeast Florida

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Listing Number: 3819

Summary - Florida State Certified Electrical Contractor founded in 2002

This State Certified Electrical Contractor (est. 2002) specializes in higher-end remodels and new residential construction. Company has name recognition and solid reputation in Palm Beach and Martin Counties. A distinguished list of long term relationships with well-established general contractors and repeat clientele provide an excellent client base upon which to continue to build. Commercial work has been limited to office renovations and small to medium sized build-outs. Seasoned, stable work force is led by a Superintendent with an 8 year tenure at the company, who also holds his state certified electrical contractor’s license, and is in place as the secondary qualifier for the company. Workforce includes two crews, each comprised of an electrician and apprentice, and a warehouse/logistics manager with over 6 years’ experience in electrical materials management. Back office is highly organized and turn-key. There is opportunity to increase revenues and easily scale business through a steady stream of unsolicited phone calls for service work. Commercial work, EV charging stations, and home generator installations/annual maintenance contracts are other lanes for immediate exponential growth. Cash Flow stated is for 2022 and was annualized from September 30, 2022, P&L. Significant WIP with Backlog for next year. Motivated Seller is retiring. SBA pre-qualified lending to a Borrower with the required State license.

Listing Broker

Patrick Gagliardi

Patrick Gagliardi
Chief Operating Officer

Phone: 954-633-7278

  • Category: Electric, Gas, Water, Sanitary Services
  • Sub-Category:
  • Asking Price: $785,000
  • Gross Sales: $1,481,926
  • Cash Flow: $347,254
  • County: Palm Beach
  • Area: Southeast Florida
  • FFE: $180,075
  • Inventory: $15,000
  • Real Estate: $0
  • Employees: 6 - Full-Time 0 - Part-Time
  • Facilities: 1000 square foot Office/Warehouse
  • Relocatable? Yes
  • Home Based? No
  • Market Notes: Construction speciality trades are in high demand.
  • Growth Notes: Significant growth using the unsolicited phone calls that come in consistently for service work. The addition of commercial work, installations and service of EV charging stations and home generators are other lanes to immediate exponential growth.
  • Support Training: four weeks at zero cost
  • Year Established: 2002
  • Financing Terms: SBA pre-qualified lending to a Borrower with $90,000 down payment and the required license.
  • Reason for Selling: Retirement
  • Inventory Included: Yes
  • Is Franchise No
  • Lender Prequalified Yes
  • Absentee Owner No
  • Selling Financing? No
  • Is FEE Included? Yes