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- RE: Profitable Commercial Electrical & Lighting Contractor (SBA)
- Contact: John J Moser
Quick Facts
| Asking Price: | $3,250,000 | |
| Annual Revenue: | $2,040,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $680,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 8 | |
| BBN Listing #: | SB-51741 | |
| Broker Reference #: | LOSWHIT001-51741 |
Business Overview:
Operating for over 40 years under the same ownership, this turnkey business has established itself as a premier, full-service provider of comprehensive electrical and lighting solutions to commercial and industrial clients throughout Southern California. Unlike a standard electrical contractor waiting for the next service call, this business benefits from a highly stable, predictable revenue model. The core customer base consists of Homeowner Associations (HOAs) and commercial retail property management companies. These long-term relationships are secured through ongoing monthly and quarterly maintenance contracts. The extraordinary on-hand inventory allows the company's electricians to bypass supply houses, eliminating shipping delays and radically accelerating job completion times. The business also includes an operational fleet of vehicles. The business is powered by a loyal, highly skilled team of approximately 8 employees. Employee retention is exceptional, highlighted by two electrical foremen who have each been with the company for 33 years. This loyalty is driven by a generous profit-sharing program that requires no employee contributions. The current owner acts as a part-time General Manager, while his son handles purchasing part-time; a new owner-operator could efficiently merge both of these roles into one. This business currently does zero advertising and has not employed a dedicated salesperson in decades. A growth-minded buyer could immediately scale by hiring a sales team to target new commercial retail centers, launching a digital marketing campaign, or actively advertising the massive parts inventory to other local electricians to scale the wholesale distribution arm. Buyer must possess electrical experience and be able to qualify for the Company's C-10 electrical license within 6 months of Closing.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retirement and relocation. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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