Commercial Electrical Company w/Recurring Revenue (SBA avail)
Asking Price: | $3,500,000 |
Gross Revenue: | $2,201,687 |
Rent: | $18,000/Month |
Cash Flow: | $935,829 |
Inventory: | $2,500,000 |
Established Year: | 1982 |
*UNDER CONTRACT* This is not your typical electrical company for sale. No need to wait for that next service call to generate business or take that trip across town to buy a part for a job. This company boasts long-standing, recurring maintenance contracts and a warehouse full of electrical and lighting parts, fixtures and supplies.
For the last 40 years, this profitable, turnkey company has provided high quality electrical and lighting services to commercial and industrial customers throughout Southern California. The majority of customers are Homeowner Associations (HOAs) and property management companies for commercial retail centers that receive ongoing maintenance and repair services.
In all, the company offers electrical and lighting: 1) maintenance & repair; 2) installation; 3) consultation & design; and, 4) manufacturing. Additionally, the company houses a comprehensive electrical and lighting inventory (sold separately) for use by its own electricians as well as for wholesaling/retailing to other businesses and electricians. A savvy buyer can leverage this inventory into a separate supply house business.
The business includes a team of loyal, highly-skilled electricians that have been with the business for decades. The Owner and Owner's son work part-time in the office and have limited involvement in the business. The Owner believes their jobs can be merged into one owner/operator or GM.
***Buyer must have electrical experience.*** CA electrical license C-10 needed. Financial information from 2023. Inventory value is the Seller's estimate.
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