Established Electrical Contractor in Northern California.

Featured on BizBuySell.com . 13 viewed

Asking Price

$2,500,000

FOR SALE - ACTIVE

Detailed Information

Location

California

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

Based in Northern California, this long-standing Electrical Contractor, established in 1983, specializes in top-notch electrical solutions for commercial projects. With over 40 years of experience, the company's dedicated team offers a wide range of services across various industries, including restaurants, warehouses, medical buildings, and parking lots. They collaborate with subcontractors for specialty tasks, ensuring efficient project execution and access to quality materials through strong supplier and partnership relationships. The company maintains a diverse customer base of 27 clients, primarily working with general contractors overseeing different construction projects. With 51 skilled employees, including key personnel like a versatile Field Supervisor/Electrical Designer/Acceptance Technician, Lead Foremen, and administrative staff, the company operates professionally and efficiently. Financially, the company performed well in 2023, with Sellers Discretionary Earnings exceeding $1.2 million on revenues close to $9 million, positioning it for continued growth with an extensive backlog and a commitment to a smooth transition for a new

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Listed By:

Name : Bill Garcia

Phone Number : Show Phone number

Bill Garcia typically replies in about 7 minutes

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