Electrical Contracting Firm Specializing In Public Works In Chino For Sale

Well established Electrical Contracting firm, marking over
three decades of experience in the electrical services
industry. The company is headquartered in Chino, California,
strategically positioned to serve a diverse clientele within its a
40-mile radius service area. The services offered include
planning and preparation phases that set the groundwork for
successful projects, execution of electrical installations and
systems, maintenance support, and specialized installations.
Their client base mainly consists of school districts and
industrial clients. The company employs 16 full-time staff
members who are engaged both in the office and fieldwork
with an additional 10 to 14 seasonal employees to manage
increased workload during the summer months. Operating
from a spacious 7,800 square foot facility that includes onsite
storage, five office spaces along with a second-floor
conference room designed with an open floor plan. The
current owner remains actively involved in operations by
providing general oversight of team activities. The seller is
planning for retirement, to ensure a smooth transition, the
current owner is willing to provide training for one year and
carry 10% of the purchase price to show their vested interest
in the continued success of the business moving forward.

Priced at $4,000,000, a 10% down payment can return
$735,396 in the first year after debt payments. There are
several avenues for growth identified within this business:
hiring additional staff, utilizing small business Designations,
and implementing a marketing strategy to expand the
businesses reach.