Electrical Service For Sale - Las Vegas, Nevada, NV - Clark County

PROFILE: Full Service Residential ( 95%) & Commercial Electrical Contractor.

AD/LISTING INFORMATION
Status: Available
State: Nevada
Location: Las Vegas
County: Clark
City: Las Vegas
Primary Category: Service Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  127490
Seller Or Contact:  Michael Lipton
Primary Phone:  702-208-6320
Alternate Phone:  702-217-5125
Email Address:  See Form Below
Date Ad Started:  9/15/08
Date Ad Last Revised:   9/18/08

FINANCIAL INFORMATION
Asking Price: $695,000
Down Payment: $495,000
Annual Revenue: $982,015
Annual Adjusted Net: $314,067
   
DETAILED INFORMATION
Franchise: No
Relocatable: Yes
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: No

DESCRIPTION: *prior Location Rent. **includes $41,000 In Tools. Full Service Residential (95%) & Commercial Electrical Contractor. Originally Established In 2002 As A New Construction Elec. Contractor & Converted In 2006 To Service Only. Currently, Business Operates From Seller's Home As Of May 2008. Prior Location Was In A Commercial Park. Rent Above Was For Prior Facility. There Are Two (2) Principle Officers Of The Corp. Who's Duties Are Administration, Phones & Dispatch. All Systems Are In Place (Turn Key Operation). Business Has 7 Trucks. In Addition To The Purchase Price, Buyer To Assume, Refinance Or Pay-Off 4 Vehicle Loans In The Approx. Amount Of $80,000. Additional Vehicles Not Necessary To The Operation Of The Business May Be Purchased From Seller If Buyer Elects To Do So. Business Operates On A Sophisticated Software Program That Allows The Business To Be Operated Remotely From Anywhere In The U.S. Owner Does Not Have To Reside In Las Vegas. No Receivable, Cash Flow Business, Per Seller. Seller States The Following: (1) The Business Is Tracking To Do Approximately $1,200,000 In Gross Sales For 2008, (2) There Are Employees In Place That Have The Experience To Qualify To Take The Test For The C-2 Contractor's License. ***monthly Payment Of $6,267.27.

Total Rent Of $2,245*. Seller Is Active In Business With 6 Full Time Employees. $121,000**inventory And $281,795 Equipment And Fixtures Included. $200K Amortized Over 36 Months @ 8%***. Will Train For 30 Days.

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