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