Birmingham, AL 35242
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.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.