Bay Area Electrical Contractor - $3M+ Revenues!

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

What time is it on the clock?


Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
SF10362 - Building and Construction

Location:
Northern California - East Bay

Bay Area Electrical Contractor - $3M+ Revenues!

Business Description:

Since 1942, One of the Bay Area's Top Union Electrical Contractor Entities with Enviable, Multi-Tiered Income Stream: Daily Cashflow from Service Division + Large Project-Based Profits from Best-of-Breed/Repetitive-Use General Contractor Clients. Key Employees in place; motivated, professional workforce. MULTIPLE MILLION$ ALREADY CONFIRMED IN 2021+ PROJECT PIPELINE! Seller well-connected, willing to RME FOR LICENSE with synergistic Buyer during transition; even ongoing semi-retired ambassador type role if Buyer desires. Great Opportunity to take reins of a Bay Area Electrical Contracting Titan with Durable Revenues and Healthy Pipeline of Booked Jobs!


Asking Price: $500,000


Inventory (included):
$100,000

Real Property Available:
Yes

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Recast Earnings (Not Verified by Business Team)

4 Months Ended

9/30/2020

$845,111
(Sales)

$0
(Adjusted Cash Flow)

12 Months Ended

5/31/2020

$3,447,110
(Sales)

$0
(Adjusted Cash Flow)

12 Months Ended

5/31/2019

$3,433,439
(Sales)

$0
(Adjusted Cash Flow)

12 Months Ended

5/31/2018

$3,150,162
(Sales)

$0
(Adjusted Cash Flow)

Operations

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

Hours of Operation
8-4:30 M-F

Licenses Required:

  • C-10
  • business

Lease

Monthly Rent Including NNN:
$10,000

Expires:
MTM

Option:
For 10 years

Size(sq.ft.):
0

Miscellaneous

Type of Organization:
C Corp

Reason for Sale:
Retirement

Training:
3 weeks 20 hours

Contact us About this Listing

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

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
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.