This commercial electrical contractor business is a California Subchapter S Corporation and has been in operation for 4 years under the founding leadership. 95% of their work is done on the commercial side, and they work mostly through general contractors, and they have some service contracts. They do anything from commercial Tenant Improvements and renovations, including transforming shell spaces into high-performance environments with zero downtime. They also do ground-up electrical infrastructure construction that can include switchgear to site-wide power distribution. They can also provide scalable electric vehicle fleet charging solutions, industrial panel upgrades, Title 24 compliance audits, high-velocity retail retrofits, etc. The business does possess a C10 Electrical Contractor License. Buyer should have this license or have access to someone who possesses this license.
Market Outlook/Competition
North American electrical services and MEP (Mechanical, Electrical, and Plumbing) sectors range between $187 billion and $228 billion, with steady compound annual growth rates (CAGR) near 3.4% to 7.4%. The U.S. features over 250,000 electrical contracting firms, where small shops (1–9 employees) comprise roughly 51% of businesses, though mid-to-large platforms capture disproportionate market share.
Location
Country: United States
State/Province: California
Financial Information
Asking Price: $1,490,000
Cash Flow: $600,000
Gross Revenue: $1,500,000
Down Payment: $1,490,000
Adjusted EBITDA: $600,000
Detailed information
Year Established: 2022
Owner Hours Worked Per Week: 35
Is Real Estate Available? No
Is Real Estate Included? No
Real Estate Value: N/A
Monthly Rent: $1,495
Square Footage: 1450
Number of Full-Time Employees: 9
Number of Part Time Employees: 0
Number of Independent Contractors:0
FF&E Included? Yes
FF&E Value: $80,000
Inventory Included? Yes
Inventory Value: $10,000
Relocatable?: Yes
Franchised?: No
Home Based?: No
Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 20 hours per week. Seller is willing to provide additional training at mutually agreed-upon terms.
Seller Financing Description: Seller financing is not available at this time.
Reason for Selling: The reason for selling is that the Seller wants to pursue other interests.
Ad#:2554385
