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Well Respected Electrical Contractor For Sale

Van Nuys, CA, California - North, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$573,735
Cash Flow:
$197,971

This is an opportunity to acquire a long established, well respected and profitable electrical contracting business that continues to thrive (even during the pandemic) and drives strong cash flow. Established in 1989, this company has been serving the Los Angeles and Ventura County and surrounding areas handling the needs of businesses and residents alike. Currently 80% of the business comes from commercial accounts – working with local businesses as well as some of the biggest retailers in the world on a consistent basis. They work in Low voltage, Standard 120/240V, 277/480 volt (single and 3 phase, 4-wire systems; Motor Control Centers (MCC) upgrade wiring and components for refrigeration systems, factories and small manufacturing; Install Data Cat6e lines, terminate on patch panels as well as terminal locations. They also install custom LED lighting for restaurants and others per request as well as standard LED parking lot lighting upgrades. While most of their competitors fight it out on price, the Seller states that their margins remain high because they win business on the quality of their work and reputation responding when called with 24-hour service – continuing to impress with their professional approach to their customers. Additionally, they are rewarded with repeat business and referrals time and time again due to the quality of their work and the experience they provide. The Seller is ready to retire and states that he has more work coming in than he chooses to take on – providing a fantastic opportunity to come in an immediately grow the business. This opportunity is so good it is shocking! So, if the idea of building your own electrical contracting business charges you up - reach out for more information!

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rental: $2,640

Location:

Van Nuys, CA

Size in square feet:
3,400

Business Operation

Reasons for selling:

Moving/retirement

Trading hours:

7am-4pm, Mon-Fri

Employees:
1FT, 1PT
Years established:
1989

Other Information

Support & training:

30 Days - 30 Hours per week

Financing available:

Seller will consider all offers

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price

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