Category:
SF10362 - Building and Construction
Location:
Northern California - East Bay
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!
Inventory (included):
$100,000
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)
# of Employees | Full Time | Part Time |
Non-Owners | 7 | 1 |
Owners | 0 | 1 |
Hours of Operation
8-4:30 M-F
Licenses Required:
Monthly Rent Including NNN:
$10,000
Expires:
MTM
Option:
For 10 years
Size(sq.ft.):
0
Type of Organization:
C Corp
Reason for Sale:
Retirement
Training:
3 weeks 20 hours
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.