Business Overview

Full-service commercial Electrical Contracting business for sale in Nebraska. They provide service to Eastern Nebraska and Western Iowa. This fully-licensed master electrical contractor that was established in the 70’s can handle and operate all commercial electrical needs for both new construction and renovations. They do everything from lighting and power, high voltage to fiber optics and data cabling, among others, this business has built its reputation as an expert in the field and industry leader, all while building an impressive customer list, from Big Box retailers to major supermarket chains as well as schools, public institutions and many more. They are built on a foundation of providing the very best products together with excellent customer service and satisfaction beyond expectations.

To ensure a successful hand-off to the Buyer, the Seller is available to remain on and actively be involved in the business operations for an extended period to transfer his knowledge and industry relationships. Purchase price includes all equipment as well as vehicles and trucks used for its projects with a value of $684,200. Strict confidentiality rules will apply when you inquire on the Electrical Contractor for sale in Nebraska. If real estate would ever be included in the transaction, it will be handled by a licensed Real Estate Broker. please call Roger Edgar or Ingrid Reynolds at Sunbelt Business Advisors @ 402-827-3190.

Financial

  • Asking Price: $2,500,000
  • Cash Flow: $802,493
  • Gross Revenue: $2,105,695
  • EBITDA: N/A
  • FF&E: $759,000
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A
Purpose For Selling:

Retirement

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell businesses. Nonetheless, the genuine reason and the one they say to you might be 2 entirely different things. For instance, they might state "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these may just be justifications to attempt to hide the reality of changing demographics, increased competition, recent reduction in incomes, or an array of various other factors. This is why it is very vital that you not depend absolutely on a seller's word, but rather, make use of the seller's answer combined with your total due diligence. This will repaint a much more realistic picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Lots of companies borrow money so as to cover items such as supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can indicate that earnings margins are too thin. Numerous companies fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that need to be satisfied or may lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract new customers? Most times, operating businesses have repeat consumers, which create the core of their daily profits. Certain elements such as brand-new competitors growing up around the location, road building and construction, as well as employee turnover can influence repeat clients and negatively impact future incomes. One vital point to consider is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the greater the opportunity to construct a returning consumer base. A final idea is the basic location demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? Exactly how might the local median family income impact future earnings potential?