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Listed by:

Sunbelt Business Brokers of Los Angeles/Whittier/Fullerton

Commercial Electrical Contractor W Maintenance Contracts For Sale

California, US
Asking Price:
$3,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,201,687
Cash Flow:
$935,829

*UNDER CONTRACT* This is not your typical electrical company for sale. No need to wait for that next service call to generate business or take that trip across town to buy a part for a job. This company boasts long-standing maintenance contracts that comprise the majority of its customer base and an on-site inventory that is unmatched in the industry.

For the last 40 years, this profitable, well-established company has provided high quality electrical and lighting services to commercial and industrial customers throughout Southern California. The majority of customers are Homeowner Associations and property management companies for commercial retail centers that receive ongoing maintenance and repair services.

In all, the business provides electrical and lighting services including: 1) maintenance & repair; 2) installation; 3) consultation & design; and, 4) manufacturing. Additionally, the company houses a comprehensive electrical and lighting inventory (sold separately) for use by its own electricians as well as for wholesaling/retailing to other businesses and electricians. A savvy buyer can leverage this inventory into a separate supply house business.

The business includes a team of loyal, highly-skilled electricians that have been with the business for decades. The Owner and Owner's son work part-time in the office and have limited involvement in the business. The Owner believes their jobs can be merged into one owner/operator or GM.

*Buyer must have electrical experience. CA electrical license C-10 needed.
Real Estate Available: No
Real Estate Included: No
Real Estate Description:
Over 20,000 sf on over 1 acre. Includes approx 5 private offices, private conference room, front desk and reception area, 3 cubicle working areas, and a large warehouse.

Detailed Information:
Lender Prequalified: Yes
SBA Prequalified: Yes
Rent: $18,000.00
Is Going Concern: Yes

Property Information

Size in square feet:
23,667

Business Operation

Reasons for selling:

Retirement and relocation

Employees:
Full Time: 8
Years established:
42

Other Information

Support & training:

Seller and/or person most knowledgeable will provide 4 weeks of post-closing training up to 30 hours per week.

Financing available:

Financing is available

Furniture / Fixtures value:
$145,000 - included in the asking price
Inventory / Stock value:
$2,500,000 - included in the asking price

Listed by

Sunbelt Business Brokers of Los Angeles/Whittier/Fullerton