Detail information about the listing
FF&E: 250,000
Inventory: 18,000
Growth: A perfect strategic acquisition for a strategic buyer looking to capture market share and in-place team, or expand services or geography.
Further Details: Inventory: Included in asking price
Employees: 15 FT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The Company currently operates out of a 10,500 square foot office and warehouse space in Chesapeake, Virginia. The buyer will need their own facility or line up a facility for post-closing operations.
The financials include a 8,750 monthly rent charge, or 105,000 annually. If the buyer already owns real estate, the Seller’s Discretionary Earnings (SDE) average over the last four years available to the Buyer would be 780,121.
Competition: In general, the company resembles a business within the Electricians industry per IBISWorld:
According to IBIS, the electrical industry has a bright future as it is projected to benefit from continued renovation and retrofitting activity. In general, this industry performs electrical work at a site and services, sells, and installs electrical equipment. The electrical services performed include new work, additions, alterations, maintenance, and repairs.
Growth & Expansion: A perfect strategic acquisition for a strategic buyer looking to capture market share and in-place team, or expand services or geography.
Financing: Lender pre-screened with 20K down.
Support & Training: Will train for 4 weeks @ 0 cost.
Reason for Selling: Retiring.
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