For Sale
$850,000

0Birmingham, AL 35242

Profitable Alabama Business, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional offering presents a turnkey opportunity to acquire a thriving residential electrical business and its accompanying real estate in Jefferson County, Alabama. The business, established in 1985 and renovated in 2021, boasts consistent annual sales exceeding $2 million, with an average Seller Discretionary Earnings (SDE) of $191,000. The single-story, 4,000-4,400 square foot office building sits on a sizable 31,000-32,000 square foot lot. Currently operating at 100% occupancy, the property is under a 10-year Absolute NNN lease with 8 years remaining. The sale includes the business and the real estate, providing a unique investment opportunity for an owner/user. The business benefits from a strong reputation for quality and reliable service, a skilled team of licensed electricians, and a loyal customer base generating significant repeat business and referrals. The prime location in Central Alabama offers potential for expansion into commercial services or new geographic areas. This is a rare chance to acquire a well-established, profitable business with significant growth potential, coupled with valuable real estate in a desirable location. The property is classified as Class C.

Highlights

  • Turnkey residential electrical business and real estate in Jefferson County, Alabama.
  • Established in 1985, renovated in 2021, with over $2M annual sales and $191,000 average SDE.
  • 4,000-4,400 SF single-story office building on a 31,000-32,000 SF lot.
  • 10-year Absolute NNN lease with 8 years remaining, 100% occupancy.
  • Class C property offering a unique owner/user or investment opportunity.

Property Details

Property type
Office properties, Industrial properties
Square Feet
4,000 SF
Class
C
Year Built/Renovated
1985/2021
Buildings
1
Stories
1
Units
1

Location Insight

City
Birmingham
County
County
State
Alabama
Latitude
33.4165524
Longitude
-86.681253
Birmingham, Alabama

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