Turnkey Electrical Contractor Biz since 1958

Riverside County, CA

Turnkey Electrical Contractor Biz since 1958
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Asking Price: $500,000

Cash Flow: $124,375

Gross Revenue: $947,846

EBITDA: N/A

FF&E: $285,250

Inventory: $224

Rent: $1,375 /Month

Established: 1958

Turnkey Electrical Contractor Biz since 1958

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Business Description

Awesome Reputation!

This second generation family electrical business is perfect for an experienced Electrician to move to a first class resort area. The Coachella Valley is a paradise for a leisure lifestyle with year round sunny skies and delightful 3 season weather.
Founded in 1958 by the father of the current owner, who has operated it for 44 years, this company enjoys an almost legendary reputation and is know for quality and integrity throughout the Coachella Valley and beyond.
Excellent training and environment has resulted in the top 5 key employees averaging 24 years with the company. Over the years, a solid tax strategy of investing in specialized equipment that allows access to jobs other companies cannot accomplish.
Owner has been stepping back for the last few years avoiding larger projects, but this business is ready and able to grow with new management.
Bonus for the right person: in 2000 the owner built a 4200 sq.ft. custom luxury home on an oversized lot with a custom building to house the business. This home / business building is also listed for sale and provides a perfect lifestyle upgrade for an existing electrician to escape from the ice and snow of Northern winters. Imaging leaving the house and walking a handful of paces past your pool to your office!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Custom 4,000 Sq. Ft. building with 4 bays plus office. All is on grounds of luxury Home.
Competition:
102 Competitor operations. Gross Industry Market Sales of $158,630,426. Small business % of total market 55.44% Average Industry Market Sales $1,555,200
Support & Training:
12
Reason for Selling:
retiring
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Rick Rayl

Business Listed By:
Rick Rayl

Transworld Business Advisors Coachella Valley

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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