Primary Category:Electrical & Mechanical Businesses for Sale
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.
Financial Information
$3,250,000
Asking Price
$680,000
Cash Flow
$2,040,000
Gross Revenue
N/A
Down Payment
N/A
Adjusted EBITDA
Business Location
City:
Orange County
State:California
Reason for Sale
Retirement and relocation
Detailed information
Year Established:
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 8
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
N/A
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: Yes
FF&E Value: N/A
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
Seller owns real estate. Seller may be open to a 1 to 2 year lease but has to sell as zoning will change upon sale. On over 1 acre with gated yard. Includes approx 5 private offices, private conference room, front desk and reception area, 3 cubicle working areas, and a large warehouse.
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