618 South StOrlando, FL 32801
- Other commercial real estate
Property Details for 618 South St
- Property type
- Other commercial real estate
- Property subtype
- Investment properties
Description
This established Orlando-based electrical contracting business, founded in 1977, presents a compelling investment opportunity. Generating $850,000 in total sales and $69,105 in cash flow, this company boasts a loyal customer base built over 47 years of providing residential and some commercial electrical services. The business model, specializing in services like panel replacements, rewiring, and fan/outlet installations, is highly scalable. The sale includes four fully equipped service vans. Currently operating with five full-time employees and two part-time employees, the business is absentee-owner operated and home-based, utilizing rented storage. The owners are retiring, presenting a unique chance for a new owner to inherit a strong brand, a stellar reputation for quality and pricing, and a significant opportunity for growth through organic expansion and strategic market development. The business enjoys limited debt and strong relationships with suppliers and vendors. Industry projections indicate positive growth in the electrical contracting sector, further enhancing the potential for future profitability. The asking price is $350,000. This is a turnkey operation with established systems and processes, ready for a new owner to build upon its success.
Location Insight
- City
- Orlando
- County
- Orange
- State
- Florida
- Latitude
- 28.5379
- Longitude
- -81.3687
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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