
Well Respected Electrical Contractor Business For Sale
Price: $585,000
Location: Savannah, Georgia
Industry: Service Businesses
Listing ID: 1697
Listing Status: New
Overview:
If you've ever dreamed of stepping into the boots of a successful entrepreneur in the heart of Savannah, Georgia, then this here is your golden ticket. We're proud to present a well-respected electrical contractor business that's been sparking up the community since 2018. This isn't just any old business; it's a gem that's been polished and primed for someone like you to take the reins and keep the lights shining bright.
This business ain't just about numbers, though. It's about the steady stream of revenue that's been powering through at $1,100,000 in gross sales. With a cash flow of $200,000, you'll be sitting pretty, knowing your investment is as solid as a well-wired circuit. And let's not forget the $75,000 in FF&E and $30,000 in inventory – everything you need to keep the current flowing.
Growth Potential:
As Savannah continues its impressive growth, particularly with the Hyundai plant expansion and port development, the demand for qualified electrical contractors is stronger than ever. This business is perfectly positioned to capitalize on both residential and commercial opportunities.
Ideal Buyer:
This opportunity would be perfect for:
• Licensed electrician looking to own their own business
• Existing electrical contractor seeking expansion
• Service company looking to add electrical services
• Entrepreneur with business management experience
Facilities:
- Real Estate: Leased, with a renewal coming up in April 2025 for another 5 years
- Square Footage: 3,000sf
- Monthly Rent: $1,900
- Type of Location: Free standing with paved parking pads
Nestled in a free-standing building with 3,000 square feet of space, this business offers the room you need to grow and the convenience of paved parking pads. The current lease, at a reasonable $1,900 per month, will renew in April 2025 for another 5 years, giving you the stability to plan your future without any surprises.
Operations:
- Seller/Owner Work Hours: 40 hours per week
- Reason for Sale: Other interests
The current owner, who's been putting in 40 hours a week, is ready to pass the torch due to other interests. This is your chance to step in and make your mark. With a well-established reputation and a loyal customer base, you'll be able to hit the ground running and keep the sparks flying.
Why This Business? A Proven Track Record of Success
With the electrical services industry booming and demand on the rise, now is the perfect time to make your mark. Whether you are an established contractor looking to expand or a newcomer ready to dive into a stable sector, this business offers the blend of profitability and potential you're seeking. This electrical contractor has a long history of providing top-notch service to its customers, resulting in a loyal customer base and consistent revenue growth. With a strong reputation in the market, this business is poised for continued success. With a solid foundation and all the tools you need, this business is ready for someone with the passion and drive to take it to the next level.
Next Steps:
If you're ready to flip the switch on this opportunity, don't wait. Contact Brian Judson, Senior Business Broker with Best Business Brokers, GA RE Lic #337138 at (912) 856-7559 or Brian@b3brokers.com to schedule a call and learn more about this electrifying opportunity. https://b3brokers.com/broker/brian-judson/
Don't Wait! Opportunities like this don’t come often. For more information on this Well Respected Electrical Contractor in Savannah, Georgia, contact us today!
Total Sales: $1,100,000
Cash Flow: $200,000
FFE: $75,000
Inventory: $30,000
Year Established: 2018