SOLD! Successful SE Minnesota Electrical Contractor

Listing Details:

• Business Category:           Construction
• Price:                                          $ 795,000   
• Location:                                  SE Minnesota
• Employees:                             7                        
• Support & Training:           4  weeks 
• Reason for Selling:             Retirement
• Non Compete:                      20 miles for 5 years                             

Sold Business Description:

Transworld Business Advisors NorthStar sold this successful, licensed, bonded, and insured electrical contracting company based out of southeast, Minnesota. The business has a long history of great revenues and profitable cash flow which have been the reward of the businesses dedication to quality and reliable service. The owners have taken great pride in providing professionalism, quality, and responsiveness to their clientele. The business offers residential, commercial, and industrial electrical services to it’s surrounding communities.

The owner was looking to retire and let the next owner come in and continue the businesses success. This was a great opportunity for an existing electrical contractor looking to grow into a new geographical area, taking advantage of the connection with local clients and customers.

Highlights:

• Residential, Commercial, and Industrial services
• Decades-long, strong local and surrounding community reputation
• Opportunity to grow currently strong cash flow
• Reliable employees
• Loyal clients and customers
• Currently located in southeast, Minnesota
• Seller financing available
• Potential to expand company