Profitable Electrical Contractor W/ Growing Sales

San Gabriel, CA
Los Angeles County

East San Gabriel Valley


Asking Price: Annual Revenue:
$850,000 $2,014,267

Services: Construction, Contractors


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RE: Profitable Electrical Contractor W/ Growing Sales Broker: Dylan McGrath
License #: 01883640
Owner Financing is Available!
$550,000 Down with the Balance Seller Carry Note for 36 Months at 8% Interest.

Quick Facts

Asking Price: $850,000
Annual Revenue: $2,014,267
Net Profit: Not Disclosed
Cash Flow: $385,610
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 12
BBN Listing #: 189923364
Broker Reference #: 106-20041

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Business Overview:

This is an extremely well structured & efficiently operated company w/ a fantastic reputation in the East San Gabriel Valley over the past 16 years. They have outstanding employees (the large majority of which have been with them for 10+ years) that work every day with little-to-no supervision. They offer residential electrical repair & remodel (30% of rev), multi-family repair, rewire and re-meter (60% of rev), and the remainder is commercial work. Sales are trending upwards with a $469,000 income over the trailing 12 months. They only had to lay off 3 newer helpers during Covid, but have been able to keep everyone else employed and busy. An Electrical contractor's (C-10) license is required to operate the business. Seller states that a buyer with a GC license could increase sales significantly by bundling services for a couple of large REITs that they do work for. Seller is relocating, but can stay on for an extended transition period. Call today for more details. Please use email reply button of this ad to contact us.

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Property Features and Assets:

3,500 square feet, total rent is $3,000, lease ends 6/2022.

Reason for Selling:

Relocation

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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