Electrical Business For Sale in Cincinnati Ohio

~~This is a well established and well operated debt free company that is being sold by a retirement aged seller. Sales have averaged $5,839,000 with seller discretionary earnings averaging $1,204,000 from 2014 – 2016. Staff includes an 18 year office manager in addition to 20 field personnel with an average employment of 8 years. This company specializes in only commercial and industrial customers with absolutely no residential customers. They will do anything from hooking up receptacles to installing 15,000 volt feeder cables. Highlights include:

Equipment valued at more than $300,000 included in the asking price
Inventory valued at $25,000 - $50,000 included in the asking price
Business is located on a 2 acre lot with room for expansion
Property available in addition to the asking price
Seller uses industry software for estimating jobs
Seller is willing to work for the buyer
No accounts receivable issues
Great list of clientele

• Selling Assets: 300,000
• Is Business Relocatable?: No
• Is Business Home Based?: No
• Competition: This is a competitive industry, but they separate themselves by providing excellent service. Their field personnel are well trained.
• Expansion: Growth can be achieved in many ways. A buyer can grow to other outlying cities – Dayton, Columbus, Indianapolis, Lexington, or Louisville. There is no pure sales person on their staff so hiring an experienced sales person with a good background would grow sales quickly.
• Years Established: 1998
• Employees: 21
• Trading Hours: Monday thru Friday
• Support Training: Seller will stay as long as necessary to ensure the comfort level of the buyer. In addition, seller will consider working for the buyer for a reasonable amount of time if desired.
• Reason For Selling: Seller is of retirement age.