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Varnadore Electric Inc

Electrical Contractors and Other Wiring Installation Contractors · Waycross, GA

Varnadore Electric Inc is a business in Waycross, Georgia, listed under electrical contractors and other wiring installation contractors, with 5 to 9 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $410K to $1.4M.

This page was built from public U.S. government records (Small Business Administration and Census Bureau). It was not created by this business and contains no information from Value Alpha users. How it works · Request removal

Public record

Industry
Electrical Contractors and Other Wiring Installation Contractors (NAICS 238210, as reported by the business)
Location
Waycross, Georgia
Staff
5 to 9 people (as reported in 2020 to 2021)
Local rank
#5 of 9 businesses in Waycross listed under building equipment contractors, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Electrical Contractors and Other Wiring Installation Contractors with 5 to 9 staff, bought 2023 to 2026. Based on 39 purchases.

Loans used to buy them

$340K to $1.2M

Middle loan about $670K

Estimated purchase prices

$410K to $1.4M

Middle price about $790K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Varnadore Electric Inc.

Financials of businesses like this

Average revenue

$1.3M

a year

Average payroll

$353K

28% of revenue

Average staff

6.6

people

US averages for electrical contractors and other wiring installation contractors with 5 to 9 staff, 2022 (14,646 businesses). These are not Varnadore Electric Inc's own figures; its own revenue and profit are what a valuation needs.

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Building Equipment Contractors in Georgia: the sale report

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Questions

How much is a business listed under electrical contractors and other wiring installation contractors worth in Georgia?
From 2023 to 2026, businesses listed under electrical contractors and other wiring installation contractors with 5 to 9 staff sold for about $410K to $1.4M, with a middle price of about $790K, based on 39 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Varnadore Electric Inc?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Varnadore Electric Inc get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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