Part of..
Acquisitions, Brokerage
and Financial Services
brokerage in New York's
Adirondack Region devoted
exclusively to the sale and
purchase of businesses.
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. . . the only business brokerage in New York's Adirondack Region devoted exclusively to the sale and purchase of businesses. |
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Asking - $ 1,000,000 + inventory Cash Flow - $510,000
THE BUSINESS: This electrical contractor business has been around for over 30 years. Situated in a popular and growing area of Vermont this business provides services to the commercial, residential and industrial sectors. It is housed in modem facility that may be purchased or leased.
FACILITIES AND EQUIPMENT: Rolling hill site is 135 acres, and has a 5500 square foot classic clubhouse with men's and ladies locker rooms, full restaurant kitchen and bar for the dining facility and a functional pro shop. There are two storage building of 1000 and 1500 square feet for an array of maintenance equipment and the golf carts, which are leased in and rented at a profit. Experienced staff is in place and loyal.
WHY BUY?
-- Growing Sales and Earnings
-- Complementary Business Segments
-- Substantial Market Share in Location
-- Growth Expected to Continue
-- Great Lifestyle- Well sought after Vermont Location
-- Significant revenue and owner draw
COMPLEMENTARY BUSINESS SEGMENTS / MARKET SHARE: This Company provides
services to new and existing commercial operations, new homes as well as remodeled/renovated residences and industrial facilities making the business resistant to recession. It is the largest in the county and represents approximately 40% of the market share in the area it serves.
LIFESTYLE CONSIDERATIONS : This business is located in one of the most sought after regions in one of the greatest state to live. Acquisition of this firm provides one with the ability to own a substantial company while enjoying the significant income and fringe benefits that come with owning your own business.
FINANCIAL: Annual sales were $ 1.3 MM in '04, $ 1.6 MM in '05 and $2.159,000 in 2006, with gross profit averaging 37% for the period. SG& A in 2005 was $ 772,000 , or 36%, leaving over $ 500,000 in Earnings before interest, Taxes, Depreciation and Owner's Draw.
PRICE AND TERMS: This opportunity is available for $1,000,000 plus inventory. There is an option to purchase the real estate. The owners are willing to consider financing a portion of the sale to a qualified buyer and will provide excellent transition assistance.
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