Electrical Contractor $1.5m contracts @20% in 2021

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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:
EG10545 - Building and Construction

Location:
Oregon - Oregon

Electrical Contractor $1.5m contracts @20% in 2021

Business Description:

Established in the late 1960s, this multi state licensed electrical contractor (CA and OR) continues to recover, engaged 75% with governmental agency work such as FAA, ODOT, Caltrans installing medium voltage systems for airports, roads and infrastructure plus off grid renewable energy projects; and 25% for the private sector installing commercial and residential service, signage, lighting, and emergency and alternative power systems. With a fully licensed, very experienced crew capable of bidding and performing the work, this business could be acquired by a strategic trade buyer to capture the contracts and crew required to operate. Seller will act as GSS and include office lease for $1,000 month Two M2 zoned acres with 1600sf structure valued at $350,000 is available. An SBA RE loan is available for $1706/mo with 10% down @4.25% for 25 years with business acquisition loan. Future projects include the I-5 corridor electrical vehicle charging network; continued exclusive with OR Lottery sign installation; regional & local airport conversions to LED lighting and hardening of infrastructures with off grid backup power; exclusive direct HVAC wiring installs; resale or trade of myriad breakers, boxes, anchor bolts, wiring, hangers, Romex and BX at zero cost. Equipment includes Hyster forklift, five bucket vans, four service vans, 5 T dump, 20T 8 wheel trailer, trencher, 55' boom truck, bulb eater in 2000sf office with 12'x12' rollup.


Asking Price: $962,000


Inventory (included):
$125,000

Real Property Available:
Yes

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Recast Earnings (Not Verified by Business Team)

8 Months Ended

8/31/2021

$494,264
(Sales)

$152,572
(Adjusted Cash Flow)

12 Months Ended

12/31/2020

$1,096,893
(Sales)

$137,956
(Adjusted Cash Flow)

12 Months Ended

12/31/2019

$1,961,293
(Sales)

$393,452
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$2,315,902
(Sales)

$616,478
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 4 3
Owners 1 0

Hours of Operation
M-Th, 6:30AM to 4:30PM

Licenses Required:

  • CA CLSB A
  • B and C10. OR CCB General Level 2 Commercial
  • Level 1 Residential

Lease

Monthly Rent Including NNN:
$1,000

Expires:
6/2026

Option:
For 5 years

Size(sq.ft.):
2,000

Miscellaneous

Type of Organization:
LLC

Reason for Sale:
Retirement

Training:
52 weeks 5 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.