MergerPlace

Highly Profitable Electrical Contractor

California (Los Angeles)


  • Asking Price: $1,850,000
  • Gross Income: $4,663,216
  • Cash Flow: $618,788
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: Not Disclosed
  • Listing ID: #201348
  • Established: 1952
  • Employees: 40

Business Description

Very profitable, established and well-regarded Electrical Contractor serving the upscale area of West Los Angeles. This company primarily serves the high-end new residential construction market with some service and maintenance work also. The company has a current backlog of unbilled business that exceeds $5,000,000.

Operating for many years from a 2,500 square foot facility adjacent to major surface streets and freeways, the company has a veteran staff of over 40 employees. The current owner now wishes to retire. The company has good books and records and strong customer goodwill. A C-10 License is required.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Henry Weaks at henry@henryweaks.com to receive a confidentiality agreement and learn more about this opportunity to purchase a Profitable, Longstanding Electrical Contractor Business.


Business Details

Primary Business Category: Contractors - Special Trade
Location: California
County: Los Angeles

Company Information

Year Established: 1952
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 40

Financial Information

Asking Price: $1,850,000
Gross Revenue: $4,663,216
Cash Flow: $618,788
Inventory: $50,000
Seller Financing Available: Yes

Property Information

Facilities:

Central to major surface streets and freeways in West LA. Spacious workshop and office with parking and storage.

Growth & expansion opportunities:

Increased sales and marketing to expand client base in both residential and commercial, or into new geographic areas.

Competition:

Longstanding Business has little competition in their niche, solid client base, and stellar reputation for high-quality work.

Reason for selling:

Owner is preparing for retirement.

Support & Training:

Seller will provide training at no cost to qualified buyer.

Contact Business Seller

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Business Listed By:

Henry Weaks

Certified Business Broker