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Residential / Commercial Electrical Contractor
Location: United States -> California -> Northern California - All Northern California -> Placerville
Industry: Business Services > Other Services




Business Summary

This well-established Electrical Contractor business has been building a quality reputation in their county for 30 years. No ad spend, and owners are not involved directly with production – includes 3 employees and a foreman that carry out day-to-day operations.

Strong repeat residential and commercial clients and the go-to contractor for cleaning up others' mistakes. The Owners are ready to retire and commit to their hobbies fulltime. All employees working on electrical are licensed (Buyer to verify).

Great bolt-on or searcher acquisition, start with a full production team and 3 work vehicles. Business will need to move upon acquisition.

NDA required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities: The business location will need to move upon acquisition, all business equipment will go with the new owner.

Competition: Highly fragmented without a large regional competitor.

Growth & Expansion: Start an ad-campaign, online marketing or referral program.

Financing: TBD if structure and terms are acceptable, owners are ready to retire and are willing to work with a well-qualified interested party.

Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Reason for Selling: Retirement


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,157,000
Cash Flow:   $178,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1992
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason For Selling:  Retirement




Print Listing Id: 700376351
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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