Primary Category:Electrical & Mechanical Businesses for Sale
UNDER CONTRACT
***Buyer must have electrical experience.***
This is not your typical electrical company for sale. This company boasts long-standing, recurring maintenance contracts (150+ customers with low revenue concentration) and a warehouse full of electrical and lighting parts, fixtures and supplies. Seller estimates over $1m in inventory that is included in the list price.
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 is capable of providing electrical and lighting: 1) maintenance & repair; 2) installation; 3) consultation & design; and, 4) manufacturing. Additionally, the company houses a comprehensive electrical and lighting inventory for use by its own electricians as well as for wholesaling/retailing to other businesses and electricians.
The business includes a team of loyal, highly-skilled electricians...including 2 foreman who have been there for over 30 years. The Owner and Owner's son work part-time in the office and 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. Price is firm. Financial information from 2024.
Financial Information
$3,500,000
Asking Price
$752,168
Cash Flow
$2,141,980
Gross Revenue
N/A
Down Payment
Business Location
City:
Orange County
State:California
Reason for Sale
Retirement and relocation
Detailed information
Year Established:1982
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 10
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: Yes
Inventory Value:
N/A
Monthly Rent:
$18,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 23667
FF&E Included?: Yes
FF&E Value: $145,000
Training/Support
Seller and/or person most knowledgeable will provide 4 weeks of post-closing training up to 30 hours per week.
Real Estate Description
Over 20,000 sf on over 1 acre. Includes approx 5 private offices, private conference room, front desk and reception area, 3 cubicle working areas, and a large warehouse.
Family-owned and operated for nearly 30 years, this well-established and highly-profitable Company operates in the niche market of toilet partitions....