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

Business Summary

This well-established Electrical Contractor business has been building a quality reputation in their county for 30 years. Limited 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. The foreman is currently preparing to sit for his C-10 license, and may be willing to partner with an investor ineligible to sit for the license.
Business operations and office location will need to move upon acquisition, transition time negotiable with the right deal structure.

NDA is 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: Lots of options here. The company is well equipped to target more commercial / underground specialty work, or spin up digital ads for B2C. The Company has a strong culture of quality that can be leveraged into a number of different niches.

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


Asking Price Range:  $250K - $500K
Gross Revenues:   $1,053,000
Cash Flow:   $225,000
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: 700383439
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