Price: $1,500,000
Location: Washoe County
Industry: Electrical and Mechanical
Listing ID: ELECON
Listing Status: Sold
This well-established electrical contractor has been in business for over 28 years. Most of their clients are general contractors doing industrial and commercial buildings. They do new construction, repairs, service work and renovations. This business has great books and records to prove the income and would be an excellent candidate for an SBA loan for a qualified buyer.
The company offers an experienced employees that perform field work successfully. This is a business that is poised for continued growth, the demand is extremely high and new market segments continue to present themselves.
Trucks, inventory, and FF&E included.
Recognized locally as a strong brand, this company is known for outstanding customer service, quality craftsmanship and customer loyalty.
Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students—and is just a half hour from beautiful Lake Tahoe.
From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #7 Most Business-Friendly Tax Climate.
Total Sales: $2,948,239
Cash Flow: $606,129
FFE: $244,000
Inventory: $160,000