Top Electrical Contractor-Part-Time Owner!

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Established Electrical Contractor with Solid $300K + Earnings!
Asking Price:
$899,000

Gross Revenue:
$3,880,103
Cash Flow:
$382,843
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$120,000
included in asking price

FF&E:
$100,000
included in asking price

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Business Description

For almost Seven Decades, One of the Bay Area's Top Electrical Contractors.
Best of Both Worlds: Daily Cashflow from Service Division AND Large
Project Based Profits from Loyal/Repetitive Use General
Contractors. Owner semi-retired; Business Set-Up for Durable, Organic
Growth and Profitability. Key Managersin place; motivated, professional
workforce. MULTIPLE MILLION$ ALREADY CONFIRMED IN 2019-2020
PROJECT PIPELINE! Owner wellconnected, willing to work with synergistic Buyer in licensing transition, and ongoing ambassador type role. Great Opportunity to take reins of a Bay Area Electrical Contracting Titan with
Growing Revenues; Annualized Earnings $382,000++!!

About the Business

Location:
California
Year Established:
1952
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
8,600
Rent:
$10,000.00 Per Month
Lease Expiration:
12/31/2020
Facilities:
2 story office/warehouse and surrounding yard in Alameda county urban setting.
Growth & Expansion:
Multi-Million dollar pipeline already in place for 2019-2020 major projects.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
TBD; owner willing to serve RME role for contractor's license interim.
Seller Financing:
TBD

Listing Info

ID:
1631208
Ad Detail Views:
0

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Business Listed by

Francisco S

Business Team-SJ
License# 01160661

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Sponsoring Broker:

Michael Floorman
Business Team-SJ
License# 01160661


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