Off Market
Off Market
Electrical Business moving fast into EV market
$5,500,000
Mid Atlantic Seaboard, NJ
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Gross Revenue
$4,500,000
Owner's Cash Flow
$1,486,551
Min Down Payment
-
Employees
21 FT
Business Summary
The business is an established electrical services company founded in 1991. Under the ownership of the current owner, who took over in 2019, the company has been on a path of growth and adaptation. The business specializes in a range of electrical services, with a particular emphasis on the emerging electric vehicle (EV) market.
Key Highlights
Year established
1991
Real estate
Leased
Reason for selling
The owner is looking to diversify his personal holdings.
Support and training
The current owner plans to remain involved in day-to-day operations and help with the transition.
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $6,040 | $3,100 | $5,294 |
| COGS | $7,090 | $919 | $196 |
| Gross Income | ($1,050) | $2,181 | $5,098 |
| Operating Expenses | $8,170 | $8,059 | $8,091 |
| Operating Incomes | ($9,220) | ($5,878) | ($2,993) |
| Net Other Income (Expenses) | ($5,922) | ($3,503) | ($5,865) |
| Net Income | ($15,142) | ($9,381) | ($8,858) |
| Interest | $2,488 | $1,337 | $598 |
| Depreciation | $6,891 | $8,228 | $2,318 |
| Amortization | $9,258 | $2,024 | $8,483 |
| EBITDA | $3,495 | $2,208 | $2,541 |
| Add-backs | $61,974 | $79,975 | $52,636 |
| Owner's Cash Flow | $65,469 | $82,183 | $55,177 |
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Projected Free Cash Flow
