Commercial & Industrial Electric Company

Grant County, OR

Commercial & Industrial Electric Company
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Asking Price: $1,190,000

Cash Flow: $609,136

Gross Revenue: $2,315,902


FF&E: $180,772

Inventory: N/A

Established: 1967

Commercial & Industrial Electric Company

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Business Description

With nearly 70% of income coming from contracts!
For generations, this electrical company has been serving 5,500 commercial and industrial clients within a 150-mile radius of their location with excellent electrical services. Their team of nine includes (3) Journeymen, (2) Apprentices, (1) Service Manager, (1) Equipment Manager, (1) Shop Manager, and (1) Specialist. This electrical company holds over 342 building permits for commercial, government, and service properties. The current owner does no labor and oversees the daily operations. With a staff of 9- you do not need to be an electrician to own this service business!

Established over 50 years ago, this dynamic company completes work throughout Western Oregon and Northern California. They have earned over $2,300,000 in revenue last year and over $1,120,000 in 2017 and continue to grow. With over $180,000 in assets, the company is well prepared for daily operations as well as continued growth! The main goal of this team is to provide high-quality services with integrity for the community they know and love. Services include upgrades, retrofits, sign repair, and everyday troubleshooting.

On the cutting edge of renewable energy, this business also understands planning for energy efficiency as well as back-up or off-grid power needs. Technology includes micro-hydro, solar, and back-up generators. The current owner is willing to stay on as a supervisor for up to 4 years

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Detailed Information

Grant County, OR
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
2,500 sq. ft.: Offices, shop
Growth & Expansion:
Utilize subcontractors, accept multiple billing processes, engage with social media
15% Seller Financing
Support & Training:
Will be available as signing supervisor for up to 4 years Current Owner’s Responsibilities: Office Manager- No Labor
Reason for Selling:
Retirement planning
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Cortney Sells

Business Listed By:
Cortney Sells

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