Profitable Electrical Contractor Upscale LA Area

Los Angeles County, CA

Seller Financing Available
Profitable Electrical Contractor Upscale LA Area

Asking Price:$1,950,000

Cash Flow:$608,086

Gross Revenue:$4,687,766

EBITDA:N/A

FF&E:N/A

Inventory:$50,000

Rate/Sq. Ft.:$7,500.00

Established:1953

Profitable Electrical Contractor Upscale LA Area

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Business Description

Very profitable, established and well-regarded Electrical Contractor serving the upscale area of West Los Angeles. This company primarily serves the high-end new residential construction market with some service and maintenance work also.

Operating for many years from a 2,500 square foot facility adjacent to major surface streets and freeways, the company has a veteran staff of over 40 employees. The current owner now wishes to retire. The company has good books and records and strong customer goodwill. A C-10 License is required.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Henry Weaks at henry@henryweaks.com to receive a confidentiality agreement and learn more about this opportunity to purchase a Profitable, Longstanding Electrical Contractor Business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,600
Lease Expiration:
3/31/2018
Employees:
40
Facilities:
Central to major surface streets and freeways in West LA. Spacious workshop and office with parking and storage. +/- 2600 sq. ft. $7500 monthly rent + NNN thru 3/31/2018
Competition:
Longstanding Business has little competition in their niche, solid client base, and stellar reputation for high-quality work.
Growth & Expansion:
Increased sales and marketing to expand client base in both residential and commercial, or into new geographic areas.
Financing:
Will consider seller finance for qualified buyer w good credit and 50%+ down
Support & Training:
Seller will provide training at no cost to qualified buyer.
Reason for Selling:
Seller is preparing for retirement.

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Henry Weaks

Business Listed By:
Henry Weaks

Business Team, Business Sales and Acquisitions

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.


Sponsoring Broker:
MATT COLETTA, CBI, CBB

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