Electrical Contractor (Union)

Santa Clara County, CA

Electrical Contractor (Union)
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Asking Price: $10,000,000

Cash Flow: N/A

Gross Revenue: $13,000,000

EBITDA: $2,238,000

FF&E: N/A

Inventory: N/A

Rent: $3,500 /Month

Established: 1990

Electrical Contractor (Union)

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Business Description

The Asking Price includes working capital of $3M.

The Company’s customers are general contractors, owner builders, property management companies and commercial property owners, most located within Santa Clara County (Silicon Valley). The unprecedented growth being experienced in Silicon Valley initiated by the electronic and software sectors is expected to continue into the near future, and perhaps well into the next decade. The Company is well positioned to capture an increasing portion of this growth.

Detailed Information

Location:
Santa Clara County, CA
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Employees:
35
Competition:
The Company’s competitors are mostly other union electrical contractors. The hyper competitive market conditions in the Bar Area for construction related labor and services necessitated non-union electrical contractors to materially match union labor rates and benefits. Therefore, non-union electrical contractors located within Santa Clara County are also considered competitors.
Growth & Expansion:
The unprecedented growth being experienced in Silicon Valley initiated by the electronic and software sectors is expected to continue into the near future, and perhaps well into the next decade. The Company is well positioned to capture an increasing portion of this growth.
Support & Training:
Yes; negotiable
Reason for Selling:
Retirement
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Clarence Stone

Business Listed By:
Clarence Stone

California Equity Group

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