In Miami, Florida, Established Electrical Contractors Company for sale - Business for Sale
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Electrical Contracting Company in Miami, FL
Miami, FL, US
Added 27 days ago
Electrical contracting for construction
31 years in business
Retiring Owner
An established electrical contracting company in Miami, Florida, specializing in residential and light commercial new construction projects, serving South Florida since 1995.
Key Information
Asking
$3.0M
Revenue
$6.7M
Earnings
$993K
Multiple
3.0x
Key Highlights
- 2023 gross sales: $6,700,630
- 2023 ordinary business income: $333,782
- 2022 gross sales: $4,715,274
- 2021 gross sales: $6,598,870
- Business established in 1995; 29 years in operation
- 25 employees as of December 2024 (including payroll and subcontractors)
- Business specializes in residential new construction (90%) and service/remodel (10%)
- Approximately $2,500,000 in newly signed contracts; additional project quotes pending
- 8 company vehicles (debt-free) included in the sale
- Warehouse (4,000 sq ft) and office (1,000 sq ft) with monthly rent of $6,990; long-term lease with renewal options
- SBA approved for $2,471,000
- Seller note: $149,750 (owner financing); buyer down payment required: $374,250
- Owners will provide a 60-day transition period
- Reason for sale: Owners retiring
Contact Info
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