Commercial Electrical Company w/Recurring Revenue (SBA avail)

Orange County, CA

Seller Financing Available

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Sale Pending
Asking Price:$3,500,000
Gross Revenue:$2,201,687
Rent:$18,000/Month
Cash Flow:$935,829
Inventory:$2,500,000
Established Year:1982
BUSINESS DESCRIPTION

*UNDER CONTRACT* This is not your typical electrical company for sale. No need to wait for that next service call to generate business or take that trip across town to buy a part for a job. This company boasts long-standing, recurring maintenance contracts and a warehouse full of electrical and lighting parts, fixtures and supplies.

For the last 40 years, this profitable, turnkey company has provided high quality electrical and lighting services to commercial and industrial customers throughout Southern California. The majority of customers are Homeowner Associations (HOAs) and property management companies for commercial retail centers that receive ongoing maintenance and repair services.

In all, the company offers electrical and lighting: 1) maintenance & repair; 2) installation; 3) consultation & design; and, 4) manufacturing. Additionally, the company houses a comprehensive electrical and lighting inventory (sold separately) for use by its own electricians as well as for wholesaling/retailing to other businesses and electricians. A savvy buyer can leverage this inventory into a separate supply house business.

The business includes a team of loyal, highly-skilled electricians that have been with the business for decades. The Owner and Owner's son work part-time in the office and have limited involvement in the business. The Owner believes their jobs can be merged into one owner/operator or GM.

***Buyer must have electrical experience.*** CA electrical license C-10 needed. Financial information from 2023. Inventory value is the Seller's estimate.


DETAILED INFORMATION
Location
Orange County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
23,667
Employees
8
Facilities
Over 20,000 sf on over 1 acre. Includes approx 5 private offices, private conference room, front desk and reception area, 3 cubicle working areas, and a large warehouse.
Competition
It would be difficult to find a local electrical contractor that can compete with this Company's extensive on-hand electrical and lighting inventory. Due to this inventory, the Company's response and turnaround times are industry-leading as they are able to eliminate costs and delays related to trips to supply houses as well as shipping times.
Growth & Expansion
There are many opportunities for growth. The company hasn't had a salesperson for 25 years and does no advertising. With a dedicated salesperson, marketing outreach can be done to commercial retail centers or their respective property management companies for maintenance work. To create an internet presence, a buyer can update and optimize the website, execute a targeted pay per click campaign, and create company social media accounts. The geographical service area can be expanded to other parts of SoCal. The buyer can advertise the inventory for sale.
Support & Training
Seller and/or person most knowledgeable will provide 4 weeks of post-closing training up to 30 hours per week.
Reason for Selling
Retirement and relocation
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John
J Moser
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John J Moser