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Illinois

  • Listing No.: 133-00133

  • Category: Service

Asking Price $415,000.00
Down Payment
Gross Revenue $491,688.57
Total Adjusted Net Income $164,680.45
Equipment / Fixtures $48,845.00
Year Established
General Location Illinois
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Well-established electric company in the heart of the Land of Lincoln. In business for over twenty (20) years, this electric company services the great surrounding area of its locations. Grossing over $450,000.00 a year/avg with a considerable adjusted net between $150,000.00 - 175,000.00. Originally an owner/operator, the founder has moved into a semi-absentee role procuring job contracts letting the very senior manager efficiently run the day-to-day operations. The owner, currently looking to retire, had a small decline in health between 2015 & 2016 reducing business income; however, quick to rebound the last four years of financials show how stable, versatile, and flexible this business model is surpassing its gross income year over year. Additionally, buyers can purchase the stock on inventory on hand and can purchase the 100% owned real estate location. Real estate location has a vast parking lot/storage space for vehicles and equipment along with an attached apartment (with renters already in place). Jump into this cash cow now! Call Jarod at First Choice Business Brokers

Gross Revenue $491,688.57 Listed Price $415,000.00
Total Income $164,680.45 Down Payment
Base Rent Square Feet 5000
Total Rent Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $48,845.00 Other Assets Real Property for Sale for Additional $140,000. Inventory available for additional $115,000
Full-Time Employees 2 Training Period 4 weeks
Part-Time Employees 1 Special License Required Electrical/Contractor
Contract Staff 1 Reason for Selling Health

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.