Tampa, FL: Electrical Services Company Specializing in Cable Installation
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Asking Price
$1,175,000
Detailed Information
Tampa Bay Area, Florida, US
Not Provided
NA
Business Description
Located in Tampa, Florida, this electrical services company specializes in high and low cable installation for commercial construction firms. With a team of 7 field technicians and 2 office employees, they deliver top-notch service to a diverse client base which includes large retail companies and local commercial firms. The company also provides subcontracting services for a national low voltage company, serving a total of 50 solid clients with a well-trained staff. The company, with licenses in Florida and Georgia, covers a main service area within 2 hours of Tampa Bay. Their services range from cable installation to generator installation and troubleshooting for various systems. Acquiring contracts typically takes 1-2 months, with an average project cost of $10,000. With assets totaling $317,000 and a low overhead cost at their 1,200 sq. ft. warehouse, the company is priced at $1,175,000, offering a substantial return of $169,922 in the first year after debt payments for potential buyers.