20+ Year Old Electric Company In Martin County, FL - Business for Sale
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Residential Electrical Contractor in Martin County, FL
FL, US
Added today
Electric Company in Building & Construction
23 years in business
An electrical contracting business serving high-end residential clients in Martin County, FL, operating for 23 years and specializing in new construction, remodels, and service work.
Key Information
Asking
$800K
Revenue
–
Earnings
$288K
Multiple
2.8x
Key Highlights
- Business has been operating for 23 years
- 2024 gross sales were $969,010 with adjusted net income of $380,684
- 2023 gross sales were $969,010 with adjusted net income of $265,898
- 2022 gross sales were $969,010 with adjusted net income of $231,078
- 2021 gross sales were $969,010 with adjusted net income of $159,259
- Business operates from home and does not have a physical location
- Staff includes 1 owner, 5 field employees, and 1 part-time office personnel
- Customer base is 100% high-end residential homes, with 25% service and 75% new construction/remodel
- All business comes from general contractors; no advertising is done
- Sale includes 4 company vehicles
- Business is fully approved by SBA lender
- Owner is selling due to relocation to a different state
Contact Info
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