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Discussion Starter #1
After 30 yrs. the owner of Palos Verdes Electric Company will retire. The business is for sale, which includes company van and materials. Asking $40K ..outstanding reputation with thousands of satisfied residential customers in the Palos Verdes Peninsula, Rolling Hills and adjacent area, this should be a great opportunity to expand your company. Please PM me and I can give you more information including direct contact with the owner.
Thanks for reading. And have a great day!
 

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Discussion Starter #2
AllPhaser said:
After 30 yrs. the owner of Palos Verdes Electric Company will retire. The business is for sale, which includes company van and materials. Asking $40K ..outstanding reputation with thousands of satisfied residential customers in the Palos Verdes Peninsula, Rolling Hills and adjacent area, this should be a great opportunity to expand your company. Please PM me and I can give you more information including direct contact with the owner.
Thanks for reading. And have a great day!
Bump
 

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Mad Skills
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40k sounds cheap.

You can always offer more if you feel that is what the company is worth :thumbsup:

The thing about selling a contracting business is that it is only worth what someone else is willing to pay.....the owner may have already figured this out and has basically come up with a FMV for his tangible assets to ensure a quick sale for his exit strategy.
 

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You can always offer more if you feel that is what the company is worth :thumbsup:

The thing about selling a contracting business is that it is only worth what someone else is willing to pay.....the owner may have already figured this out and has basically come up with a FMV for his tangible assets to ensure a quick sale for his exit strategy.
What I see in a small shop is that the customer base wants the guy they have been using.
This why I like to have an owner stay around and service his accounts with the house keeping 10% of his calls and the house paying the old owner 10% of any business on his house accounts.
You can buy a customer list but if, one of the key contacts moves or retires, good chance that account is gone too.
I bought a business from someone and he forgot to tell me that they were changing the type of credentials needed for the work. I made a little money but still think the guy was a turd to do that.
 

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Discussion Starter #9
Celtic said:
You can always offer more if you feel that is what the company is worth :thumbsup:

The thing about selling a contracting business is that it is only worth what someone else is willing to pay.....the owner may have already figured this out and has basically come up with a FMV for his tangible assets to ensure a quick sale for his exit strategy.
Exactly! Mater of fact... The price is at 35k now! PM and I'll hook ya up!
 

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Discussion Starter #10
jrannis said:
What I see in a small shop is that the customer base wants the guy they have been using.
This why I like to have an owner stay around and service his accounts with the house keeping 10% of his calls and the house paying the old owner 10% of any business on his house accounts.
You can buy a customer list but if, one of the key contacts moves or retires, good chance that account is gone too.
I bought a business from someone and he forgot to tell me that they were changing the type of credentials needed for the work. I made a little money but still think the guy was a turd to do that.
The phone number comes with the deal
 

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Discussion Starter #12
Celtic said:
If there is a Wal-Mart close by...SOLD!!!

I'll find Romex Racer and we can start back-stabbing for fun and profit up and down the Pacific Coast line :thumbup:

:laughing:
No back-stabbing! Pig tail / pre-twist always
 

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Discussion Starter #17
AllPhaser said:
After 30 yrs. the owner of Palos Verdes Electric Company will retire. The business is for sale, which includes company van and materials. Asking $40K ..outstanding reputation with thousands of satisfied residential customers in the Palos Verdes Peninsula, Rolling Hills and adjacent area, this should be a great opportunity to expand your company. Please PM me and I can give you more information including direct contact with the owner.
Thanks for reading. And have a great day!
Bump
 
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