Electrical Subcontracting Business
| Asking Price: | $299,000 |
| Gross Revenue: | $345,000 |
| Established Year: | 1987 |
| Cash Flow: | $170,000 |
| FF&E: | $12,500 |
This business has been a trusted electrical subcontractor for over 35 years. They service residential, commercial, and industrial clients throughout Southern California.
The business is largely focused on residential and commercial projects through general contractors and architects. Approximately 85% of their work is subcontracted work, while the remaining 15% is direct to the owners on smaller residential projects. Their expertise ranges from large-scale industrial electrical installations to smaller finishing electrical jobs. The owner bids jobs based on specifications from the GCs and architects. When the bids are won, he schedules the electricians, who do 100% of the work.
The owner has hit retirement age, and so is looking for a successor to take care of his clientele. The business is home-based, so can be easily relocated or merged into an existing business. The owner is happy to train and facilitate introductions to existing contractors, ensuring the continuity of business. He doesn’t advertise (he’s strictly referral-based) but has an extensive network of contractors that can only be built through 35+ years in business. A growth minded buyer can step into this already profitable foundation, and advertise: good electricians are hard to come by, and in high demand!
This established business is a great opportunity, whether you’re an electrician looking to become an owner or an existing company looking to grow by acquisition. Contact the Agent to discuss today!
