$ 1,695,000.00
Real Estate Available for Additional $250,000
Description
Click Here To View Business Profile
Email Here For More Information
This decades old well-branded and well-established business is an outstanding acquisition opportunity.
The New Owner is not required to have an electrical contractor’s license – other arrangements are available. This is an ideal acquisition for an owner/operator looking to be assured of good income while also building net worth through valuable business ownership. It is also ideal for an existing electrical business looking to capture scale, synergies, and greater market share.
There is a surprising aspect to this business and how risk is diffused that is unique and simply cannot be shared until an NDA has been signed.
Formed as an Oklahoma corporation, this business is positioned for growth under New Ownership. Customers along with skilled and tenured employees/technicians are in place. Based upon the size and structure of this transaction, this business acquisition would qualify for the SBA Guaranteed Lending Program, and OCA can assist the Purchaser in locating the necessary funding for the acquisition. There are valuable assets to assist with loan collateralization. The acquired assets would include large inventory, tools, equipment, and vehicles. The 5 acres m/l of real property along with the buildings and improvements is also available as a separate purchase, with a price of $250,000.
After many successful years of operating the business, the owners are ready to slow down, start preparing for retirement and increase time for family, friends, and personal pursuits. The owners are willing to provide necessary training for a negotiated period to help with a seamless ownership transfer.
- Seller Financing Available: Negotiable
- Industry: Electrical Service
- Business Description: This decades old well-branded and well-established business is an outstanding acquisition opportunity. The New Owner is not required to have an electrical contractor's license - other arrangements are available. This is an ideal acquisition for an owner/operator looking to be assured of good income while also building net worth through valuable business ownership. It is also ideal for an existing electrical business looking to capture scale, synergies, and greater market share. There is a surprising aspect to this business and how risk is diffused that is unique and simply cannot be shared until an NDA has been signed. Formed as an Oklahoma corporation, this business is positioned for growth under New Ownership. Customers along with skilled and tenured employees/technicians are in place. Based upon the size and structure of this transaction, this business acquisition would qualify for the SBA Guaranteed Lending Program, and OCA can assist the Purchaser in locating the necessary funding for the acquisition. There are valuable assets to assist with loan collateralization. The acquired assets would include large inventory, tools, equipment, and vehicles. The 5 acres m/l of real property along with the buildings and improvementsis also available as a separate purchase, with a price of $250,000. After many succesful years of operating the business, the owners are ready to slow down, start preparing for retirement and increase time for family, friends, and personal pursuits. The owners are willing to provide necessary training for a negotiated period to help with a seamless ownership transfer.