Property Listing No Longer Available for Sale

Electrical Business and Building for sale

Ann Arbor, MI

Business for Sale - $449,000 - 2,000 Sq. Ft.


Property Info

CIMLS#999022
Location
  Electrical Business and Building for sale
  Ann Arbor MI 48105
UpdatedAugust 15th, 2019
TypeBusiness
Price$449,000
Building2,000 Sq. Ft.

Property Description

Asking $449,000 for the business; $600,000 for building, home and vacant land

Asking Price: $ 449,000

Gross Income: $ 789,092

Cash Flow: $ 203,956

Well-established electrical service business (over 25 years) is for sale due to owner's retirement. Owner has good customer list of residential, commercial, and industrial customers. This is a non-union shop.

If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement). Call Broker for more information.

Detailed Information

Facilities: Approximately 2400 sq ft total. Building, home and vacant land is for sale separately, with additional opportunities for expansion/growth/income.

Competition: Competition exist, however location and broad base of customer demographics support this business.

Growth/Expansion: Room for expansion by soliciting more commercial accounts, venues, and marketing opportunities, especially social media!

Support/Training: Owner is willing to assist buyer as agreed to and needed.

Reason Selling: Retirement


Financials

Steady sales for the last 5 years!


Similar Listings