Top Electrical Contractor; $340K+++ Seller Earnings!

CA

Seller Financing Available
Top Electrical Contractor; $340K+++ Seller Earnings!
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Asking Price: $899,000

Cash Flow: $382,843

Gross Revenue: $3,880,103

EBITDA: N/A

FF&E: $100,000

Inventory: $120,000

Rent: $10,000 /Month

Established: 1952

Top Electrical Contractor; $340K+++ Seller Earnings!

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Business Description

Long-Standing Electrical Contractor in Bay Area; Great Team & $340K+ Seller Earn

For almost Seven Decades, One of the Bay Area's Top Electrical Contractors.
Best of Both Worlds: Daily Cashflow from Service Division AND Large
Project Based Profits from Loyal/Repetitive Use General
Contractors. Owner semi-retired; Business Set-Up for Durable, Organic
Growth and Profitability. Key Managersin place; motivated, professional
workforce. MULTIPLE MILLION$ ALREADY CONFIRMED IN 2019-2020
PROJECT PIPELINE! Owner wellconnected, willing to work with synergistic Buyer in licensing transition, and ongoing ambassador type role. Great Opportunity to take reins of a Bay Area Electrical Contracting Titan with
Growing Revenues; Annualized Earnings $382,000++!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
8,600
Lease Expiration:
12/31/2020
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 story office/warehouse and surrounding yard in Alameda county urban setting.
Growth & Expansion:
Multi-Million dollar pipeline already in place for 2019-2020 major projects.
Financing:
TBD
Support & Training:
TBD; owner willing to serve RME role for contractor's license interim.
Reason for Selling:
Retirement
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Contact the Seller

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Donald Baum

Business Listed By:
Donald Baum

BTI Group/Business Team

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Sponsoring Broker:
Michael Floorman

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