This premier commercial electrical contracting company has built a 35-year legacy of excellence in the San Diego market with 80% of their work being repeat customers (GCs). 21% to 26% Adj. EBITDA margins (34-44% gross margins).

Top reasons to acquire:

- SBA Pre-Approved with only 10% down...$500K down buys you $1.3m+ EBITDA overnight
- Financial performance is excellent, with $1.3-$1.9M in EBITDA over the last two years (1.67m ADJ EBITDA 2yr Av.) with 2026 looking stronger than 2025
- Already factored in salary for a new CEO of $150k (buy and pay yourself right away, or hire a pro)
- Clean financials - very few addbacks (will hold up to bank underwriting scrutiny)
- The new owner is walking into a strong backlog with $4M in current projects and many more jobs on the horizon - though not overly owner dependent, as they have multiple key employees (staying) and others do the bidding, estimating, and project management
- RME available with current employee who could hold the license for the new owner (underwriting accepts this)
- Well thought out operations manual with "everything you'd need to know" well documented, plus the current seller willing to stay for at least 2 months to train, complimentary
- Sole owner and at retirement age - working "not full time" or "doing any key work" looking to pass off his legacy business to someone looking to rapidly grow it with low-hanging-opportunities
- Could double in revenue (in the current space) with some key hires primarily in the estimating department (and outside the 90 mile radius in San Diego currently worked)

Financial Performance
2023: Revenue $7.4M - Adj. EBITDA $718K
2024: Revenue $8.0M - Adj. EBITDA $1.97M
2025: Revenue $7.0M - Adj. EBITDA $1.38M

2 year average - based on tax returns - $1.67m Adj. EBITDA

Turnkey, fully systemized, "asset-light" business with notoriously clean financial books, a highly tenured management team, and pre-approved SBA financing available for qualified buyers. As well as an impressive backlog, the new buyer will walk into on day one.

Key Highlights
- Highly Systematized Operations: The business operates on a proprietary methodology. Every workflow, estimating step, and accounting task is meticulously documented in a comprehensive book of Standard Operating Procedures (SOPs).

- Strong, Tenured Management: The current owner works ~35 hours a week, primarily providing high-level oversight and final approvals on bids. Day-to-day operations are driven by a loyal, cross-trained team of ~30 employees, including a VP of Construction (nearly 30 years tenure), a Field Superintendent (20+ years), and a Senior Project Manager (20+ years).

- Industry-Leading Margins & Culture: The company operates a profit-sharing program that financially rewards the entire crew twice a year for maintaining project margins above 25%.

- Bankable: Top SBA lenders have reviewed the clean financials and responded favorably to a ~10% down payment structure. While the owner holds the C10 license, there are at least two tenured employees fully qualified to sit for the exam.

- Sales & Marketing: The company currently relies on its elite reputation and does zero outbound marketing, with 80% of requests for bids coming from an existing, loyal General Contractor client base. Implementing a dedicated salesperson or targeted marketing to their database of ~100 top GCs could quickly increase revenue.

- Service Department: The business currently does virtually no service work. Re-establishing a dedicated service and maintenance fleet would immediately unlock a highly profitable, recurring revenue stream from their existing client base.

- Geographic Expansion: Using the company's extensive written SOPs, an ambitious buyer could easily replicate this proven "business in a box" and expand operations into other booming markets outside of San Diego. A vast majority of their work is done within a 90-mile radius of San Diego County. Could grow outside that region.