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Electrical Contractor/Renewable Energy

IA

Electrical Contractor/Renewable Energy
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Asking Price: $5,500,000

Cash Flow: $1,234,257

Gross Revenue: $6,725,910

EBITDA: N/A

FF&E: $4,148,000

Inventory: $752,000

Real Estate: $2,400,000*

Established: 1980

*not included in asking price.

Electrical Contractor/Renewable Energy

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Business Description

Established and successful family owned electrical contractor business located in Iowa.

The sale includes long list of high quality assets, real estate, and inventory and future contracts. Management and technical staff in place. Owner wants to stay on to help with smooth transition to new owner.

Annual Sales over $6,000,000

3 year Weighted Average Recast Net Income over $1,200,000.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
25 FT, 5 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Multiple buildings in multiple areas
Growth & Expansion:
- Expand solar projects through marketing. - Explore other renewable energy alternatives.
Support & Training:
Seller will stay on for a smooth transition.
Reason for Selling:
Retirement
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Al Lorenzen

Business Listed By:
Al Lorenzen

The Business Brokers, Inc.

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