Electrical Contractor in Northern New England (ME, NH, VT)

Price: $1,477,000

Location: Augusta, ME

Industry: Building and Construction

Listing ID: CM8923

***Confidential Listing. Not in the indicated location.***

This is a rare opportunity to own one of the most prestigious and well-known companies in the state. Serving the area for 48 years, this thriving electrical contractor has multiple employees and serves clients throughout one of the most exclusive towns in the region.

They provide a full range of services for both residential and commercial customers including PV solar installations, heat pumps, home automation, lighting design and more.

The optional real estate includes an enormous workshop with high-clearance doors and high ceilings.

If you’re looking to plant your flag in the electrical contracting business without having to grow a company from scratch, this just might be the opportunity for you. The seller has built a solid, profitable business that is truly turnkey.

Financials
Asking Price: $1,477,000
Gross Revenue: $1,711,781
Cash Flow: $537,095
FF&E: $10,000 +/- (included in the sale price)
Inventory: $100,000+/- (not included in the sale price)
Real Estate: $800,000 (not included in the sale price)
Year Established: 1975

Listing Details

Down Payment: $147,700

Gross Revenue: $1,711,781

Cash Flow: $537,095

FFE: $10,000 (Included in Price)

Inventory: $100,000

Real Estate: $800,000

Reason For Sale:

Owner is seeking retirement

Operation

Year Established: 48

Location

Facilities Information:

Building has solar panels priced at $100,000. This is not included in the sale price