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Listing Number: 3664
Summary
- Category: Construction Businesses
- Sub-Category:
- Asking Price: $695,000
- Gross Sales: $1,710,705
- Cash Flow: $318,575
- County: Broward
- Area: Southeast Florida
- FFE: $499,077
- Inventory: $180,000
- Real Estate: $0
- Employees: 8 - Full-Time 0 - Part-Time
- Facilities: Warehouse/Office
- Relocatable? No
- Home Based? No
- Market Notes: Since 1988, this business has focused on parking lot site lighting services and sign repair. Continuing this strategy, with its outstanding customer service, are vital to the success of its business. According to IBISWorld*, the Electric Power and Systems Installation service industry will generate $193.7 billion in 2020, 72.9 % of industry is generated through nonresidential construction projects. Revenue is forecasted to increase at an annualized rate of 2.2% to $216.3 billion in 2025.
* March 2020 IBISWorld ( Brenna Butler ) - Growth Notes: Leveraging its goodwill, experience and customer service to add new customers from its existing database of 1000 customers and being poised to take advantage of the economic rebound. Expand its relationships/contracts with other municipalities throughout the SE Florida area.
- Support Training: Eight weeks at zero cost
- Year Established: 1988
- Financing Terms: May qualify for SBA lending.
- Reason for Selling: Retirement
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified Yes
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes