Under Contract
Under Contract
Highly Profitable IT and Electrical Contractor
$12,000,000
Northeast Florida, FL
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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
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $959 | $164 | $2,788 |
| COGS | $5,251 | $22 | $7,922 |
| Gross Income | ($4,292) | $142 | ($5,134) |
| Operating Expenses | $1,214 | $6,783 | $907 |
| Operating Incomes | ($5,506) | ($6,641) | ($6,041) |
| Net Other Income (Expenses) | ($4,671) | ($5,685) | ($5,980) |
| Net Income | ($10,177) | ($12,326) | ($12,021) |
| Interest | $3,193 | $8,029 | $2,552 |
| Depreciation | $8,523 | $3,972 | $4,231 |
| Amortization | $146 | $226 | $4,943 |
| EBITDA | $1,685 | ($99) | ($295) |
| Add-backs | $68,291 | $62,066 | $51,328 |
| Owner's Cash Flow | $69,976 | $61,967 | $51,033 |
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Projected Free Cash Flow
