Profitable Electrical Contracting Business, Option to Purchase.
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Asking Price
$4,000,000
Detailed Information
California - North, US
Not Provided
NA
Business Description
This opportunity is for a successful commercial electrical contracting business with the option to purchase or lease real estate. The company has a proven track record of securing lucrative government contracts and specializes in public works projects. With annual sales over $10 million and earnings around $2 million projected for 2020, this business offers a stable income with strong client relationships and high barriers to entry. The current owner is looking for a smooth transition to new ownership and potential for further growth through licensing. The business has a steady pipeline of projects lined up for 2020-2022, making it an attractive investment with potential for significant profits. In addition to the existing contracts, there is an opportunity to engage in stock sales for ongoing fulfillment of contracts and to step into entitlements smoothly. SBA financing is available for both the business acquisition and real estate purchase, providing a solid financial footing for interested buyers. Overall, this opportunity presents tremendous earnings potential for those looking to enter or expand in the electrical contracting industry. For buyers seeking