Well Established Electrical Contractor

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Business Team Office Nearest You

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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:
ST10502 - Building and Construction

Location:
Northern California - Central Valley

Well Established Electrical Contractor

Business Description:

Serving a medium-sized Central Valley market area, this C-10 Electrical Contractor is the go-to leader for residential, commercial, and industrial electrical projects with an estimated 60% market share. They do NOT do solar, new residential construction, or electricity above 600 volts. Their commercial and industrial work includes tenant improvements, factory floor / production lines, and agricultural projects. Their customer bases is about 40% Residential, 40% Commercial, and 20% Industrial. Residential work was a little higher percentage than normal in 2020 because of COVID projects and working from home remodels. Owner is ready to retire after 30 years.


Asking Price: $699,900


Inventory (included):
$20,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

3 Months Ending

3/31/2021

$274,238
(Sales)

$161,727
(Adjusted Cash Flow)

12 Months Ending

12/31/2020

$1,050,044
(Sales)

$348,661
(Adjusted Cash Flow)

12 Months Ending

12/31/2019

$1,012,708
(Sales)

$425,546
(Adjusted Cash Flow)

12 Months Ending

12/31/2018

$979,300
(Sales)

$281,599
(Adjusted Cash Flow)

Operations

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

Hours of Operation
7AM-4PM M-F, 9AM-5PM Sat & Sun

Licenses Required:

  • C-10
  • Business
  • Seller's Permit

Lease

Monthly Rent Including NNN:
$0

Expires:

Option:
No

Size(sq.ft.):
0

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Retirement

Training:
4 weeks 30 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.