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Nice opportunity to purchase an established electrical contractor.

Marion County, IN
Nice opportunity to purchase an established electrical contractor.

Asking Price:$1,500,000

Cash Flow (SDE):$383,000

EBITDA:Not Disclosed

Gross Revenue:$1,000,000

Established:1987

Business Description

Great opportunity to expand your electrical contracting business.

Great opportunity to expand and diversify. Great opportunity for an electrician considering becoming self-employed. Company is a licensed, bonded and insured electrical contractor with a concentration on providing residential, industrial, and commercial service within a 50-mile radius of Indianapolis, Indiana. The company has been a major electrical contracting presence in Indianapolis and the surrounding counties.
Today, the company performs electrical remedies and repairs for residential, industrial, and commercial customers; tenant finish services for builders, landlords, and renters; renovation and new installation for residential and commercial customers; landscape and parking lot lighting and maintenance; trenching and bucket truck work.
This company has been licensed in the State of Indiana and Marion County since 1987. This Electrical Co also holds licenses in the following cities and counties: Anderson, IN; Fishers, IN; Franklin/Johnson County IN; Lawrence, IN; Lafayette, IN; Lebanon, IN; Marion, IN; Martinsville, IN; New Castle, IN; Columbus/Bartholomew County; Muncie/Delaware County; Shelbyville, IN; Speedway, IN; and Southport, IN.

Ad#:2404813

Detailed Information
Location:
Marion County, IN
Inventory:
$315,000
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Rent:
$1,800.00
Facilities:
7 Employees that includes the 2 owners: They occupy 6,000SF and only have a monthly rent of $1,800. This is on a MtM lease. 2001 International 4000 Series Bucket Truck $7,500.00 2008 Chevrolet G3500 Express Cutawa Dirt Truck $3,000.00 2011 Ford Econoline 150- $6,000.00 2015 Chevrolet Cargo Express G2500-$8,000.00 2017 PJ Trailer Mfg Co D2122 Trailer $10,000.00 2017 Ford Transit T-250-Extra Truck $10,000.00 2020 Patriot Utility Equipment Trailer $4,000.00 2021 GMC Sierra 2500HD Crew C-TJ $30,000.00 Much more to list.
Competition:
Great growing market... Competition is limited mostly to other local electrical contractors. Company has a solid customer base.
Growth & Expansion:
Company has been successful due to quality and good customer service. They only advertise on Facebook page and website. Huge opportunity for expansion.
Financing:

Seller financing available

Seller financing only for up to 10 or 15 percent based on owner approval

Support & Training:
Will stay on for 30 days to support the sale and new owners at no cost. Will stay longer to assist as needed
Reason for Selling:
Retirement
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George Gianares
Business Listed By:
George Gianares Timio Consulting
Phone Number
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George Gianares
Business Listed By:
Timio Consulting
Phone Number

Ad#:2404813

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