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February 16, 2019

Business For Sale in Northern Minnesota, Minnesota

Property # 1178202 Available $595,000.00

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   Business Information

Business CategoryOther Business
Other BusinessElectrical Contractor
Business NameElectrical Contractor
Property Address 1n.a.
Property Address 2n.a.
Property Town/CityNorthern Minnesota
Property CountySaint Louis
Property StateMinnesota
Property ZIP/Postal Code 55731
MLS #n.a.
Building Sq. Ft.1,280
Lot Size Sq. Ft.26,300
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Established1994
Business Description Union electrical contracting business. Good reputation Solid customer base. 3 full time electricians. Owner works 30 hours in the field. 80% residential and 20% commercial. 75% New construction, remodel and service work. Owner retiring after 20+ years of good business.

Property Description 32 X 40 Leased building for parts and materials and 4 service vans
Area Descriptionin Tourism are of Northeastern MN

   Financial Information

Sales Price $$595,000.00
Gross Revenue $$928,000.00
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $$286,000.00
Cap Rate0.00%
Year Ending2017
Lease Endsn.a.

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