NOT DISCLOSED, California
| Asking Price |
$3,250,000 |
Year Established |
|
|
| Annual Revenue |
$2,040,000 |
Reason for Selling |
Retirement and relocation |
|
| Annual P/L |
|
Attention |
John J Moser |
|
| Annual Cash Flow |
$680,000 |
Listing Number |
1018175 |
|
| # of Employees |
8 |
Business Category |
Services: Construction, Contractors |
|
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.
Property Features and Assets:
Market Competition and Expansion:
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