Top Electrical Contractor; $350,000+/- PT Income!!

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Call Us:

Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 327-2700
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
SF1127 - Building and Construction

Location:
Northern California - East Bay

Top Electrical Contractor; $350,000+/- PT Income!!

Business Description:

Since 1942, One of the Bay Area's Top Electrical Contractors. Best of Both Worlds: Daily Cashflow from Service Division AND Large Project Based Profits from Loyal/Repetitive Use General Contractors. Owner semi-retired; Business Set-Up for Durable, Organic Growth and Profitability. Key Managers in place; motivated, professional workforce. MULTIPLE MILLION$ ALREADY CONFIRMED IN 2019-2020+ PROJECT PIPELINE! Owner well-connected, willing to RME/RMO FOR LICENSE with synergistic Buyer during transition, with ongoing ambassador type role. Great Opportunity to take reins of a Bay Area Electrical Contracting Titan with Durable Revenues and Full Pipeline!


Asking Price: $899,000


Inventory (included):
$120,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

5/31/2019

$3,433,439
(Sales)

$255,190
(Adjusted Cash Flow)

12 Months Ended

5/31/2018

$3,150,162
(Sales)

$205,570
(Adjusted Cash Flow)

12 Months Ended

5/31/2017

$6,316,473
(Sales)

$310,307
(Adjusted Cash Flow)

12 Months Ended

5/31/2016

$3,195,892
(Sales)

$237,908
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 7 1
Owners 1 0

Hours of Operation
8-4:30 M-F

Licenses Required:

  • electrical contractor
  • business

Lease

Monthly Rent Including NNN:
$10,000

Expires:
12/31/2022

Option:
No

Size(sq.ft.):
6,558

Miscellaneous

Type of Organization:
C Corp

Reason for Sale:
Retirement

Training:
4 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 327-2700
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.