Business For Sale

Turnkey Electrical Contractor Biz since 1958

Not Disclosed, CA
Riverside County


Asking Price: Annual Revenue:
$500,000 $947,846

Services: Construction, Contractors


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RE: Turnkey Electrical Contractor Biz since 1958 Broker: Rick Rayl

Quick Facts

Asking Price: $500,000
Annual Revenue: $947,846
Net Profit: Not Disclosed
Cash Flow: $124,375
Total Debt: Not Disclosed
FF&E: $285,250
Real Estate: Not Disclosed
Year Established: 1958
Employees: 7
BBN Listing #: 336455367
Broker Reference #: 86808-347544

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Business Overview:

This second generation family electrical business is perfect for an experienced Electrician to move to a first class resort area. The Coachella Valley is a paradise for a leisure lifestyle with year round sunny skies and delightful 3 season weather.
Founded in 1958 by the father of the current owner, who has operated it for 44 years, this company enjoys an almost legendary reputation and is know for quality and integrity throughout the Coachella Valley and beyond.
Excellent training and environment has resulted in the top 5 key employees averaging 24 years with the company. Over the years, a solid tax strategy of investing in specialized equipment that allows access to jobs other companies cannot accomplish.
Owner has been stepping back for the last few years avoiding larger projects, but this business is ready and able to grow with new management.
Bonus for the right person: in 2000 the owner built a 4200 sq.ft. custom luxury home on an oversized lot with a custom building to house the business. This home / business building is also listed for sale and provides a perfect lifestyle upgrade for an existing electrician to escape from the ice and snow of Northern winters. Imaging leaving the house and walking a handful of paces past your pool to your office!

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Property Features and Assets:

102 Competitor operations. Gross Industry Market Sales of $158,630,426. Small business % of total market 55.44% Average Industry Market Sales $1,555,200

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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