$2M+/- Earnings Electric/Construction Co

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Call Us:

Boise: (208) 906-0037
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
Stockton: (800) 622-0192

Category:
SF10095 - Building and Construction

Location:
Northern California - Peninsula

$2M+/- Earnings Electric/Construction Co

Business Description:

• Outstanding Commercial Electrical/Contractor+ Opportunity w/ Real Estate Sale or Lease Available; • Hard-to-Secure Government Contracts/Union Shop specializing in Public Works Project Fulfillment; • Strong Annual Gross Sales $10M+ and Earnings $2M+/- (projected 2020); • Durable Income; Sticky Contracts/Relationships; High Barrier to Entry/Certification Pre-Approvals; • Seller/CEO Desires Warm Transition to New Ownership; R.M.E. Potential Engagement for licenses; • Likely Stock Sale for Ongoing Contract-Fulfilment, Step into Entitlements; • Best Booked-Jobs Pipeline Ever for 2020-2022; • SBA Financing Available For Business & Real Estate. Tremendous Earnings!!!


Asking Price: $4,000,000


Inventory (included):
$50,000

Real Property Available:
Yes

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Recast Earnings (Not Verified by Business Team)

9 Months Ended

9/30/2020

$7,922,340
(Sales)

$1,244,205
(Adjusted Cash Flow)

12 Months Ended

12/31/2019

$14,362,220
(Sales)

$363,696
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$6,099,973
(Sales)

$1,340,288
(Adjusted Cash Flow)

12 Months Ended

12/31/2017

$4,908,143
(Sales)

$1,423,795
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 6 2
Owners 1 0

Hours of Operation
m-f 8-5

Licenses Required:

  • C-10
  • B
  • C-36 held by Seller
  • obtaining Engineering and Hawaii licenses to expand.

Lease

Monthly Rent Including NNN:
$8,000

Expires:
7/31/24

Option:
For 5 years

Size(sq.ft.):
6,750

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Other Ventures

Training:
4 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0037
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
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.