Sold
Sold
Highly Profitable IT and Electrical Contractor
$12,000,000
Northeast Florida, FL
This business is sold. Subscribe to our Listing Alerts for early access to new listings.
Gross Revenue
$18,981,314
Owner's Cash Flow
$4,680,523
Min Down Payment
-
Employees
38 FT
Business Summary
A long-standing and very successful electrical contractor licensed in Florida and Georgia. Exceptionally well-trained staff of 38 highly skilled and motivated employees in place. Superb reputation with mostly municipal clients. The company doesn't advertise.
Key Highlights
Year established
1994
Real estate
Owned will sell or lease
Reason for selling
The owners are looking to focus on other business opportunities.
Support and training
6 months.
Broker of Record
In Association with ParaSell, Inc. | A Licensed Florida Broker #CQ1059597
Content Locked
Provide your information to immediately see consolidated financials.
Consolidated Cashflow
To see all the financial data including a break down of the owner's salary and add-backs, request access to the confidential information
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $8,475 | $5,313 | $5,439 |
| COGS | $2,518 | $4,301 | $7,403 |
| Gross Income | $5,957 | $1,012 | ($1,964) |
| Operating Expenses | $3,438 | $1,735 | $3,037 |
| Operating Incomes | $2,519 | ($723) | ($5,001) |
| Net Other Income (Expenses) | ($2,301) | ($8,624) | ($1,550) |
| Net Income | $218 | ($9,347) | ($6,551) |
| Interest | $9,834 | $4,229 | $4,928 |
| Depreciation | $6,488 | $8,384 | $662 |
| Amortization | $1,592 | $1,328 | $8,555 |
| EBITDA | $18,132 | $4,594 | $7,594 |
| Add-backs | $70,897 | $40,913 | $48,042 |
| Owner's Cash Flow | $89,029 | $45,507 | $55,636 |
Content Locked
Provide your information to immediately gain access to our projection model for this listing.
Projected Free Cash Flow
Interested? Let's get you more info
Provide your information to immediately learn more about this business, including consolidated financials, competition, and growth opportunities.
