Very Well Established Electrical Generator Installation and Repair

PERSONAL ISSUES REQUIRE A QUICK SALE. SELLER SAYS BRING ALL OFFERS TO HIM.

Offered for sale is a very well-established electrical contractor in the Santa Cruz area specializing in electrical generator installation, repairs, and maintenance. As rolling brownouts and blackouts become more and more of a seasonal occurrence, reliable and well-maintained backup generators become a necessity. Think hospitals, government agencies, telecommunications, law enforcement agencies, first responders, transportation agencies, and even home electrical medical aids, pumps, and drug delivery units. Electrical generators play a vital role in our everyday, 21st Century lifestyles and safety. Established in 1955, this well-known company boasts a reliable a customer base with several government contracts in place. Current owner foresees business increasing at its current level at the rate of 10% per year. Currently work is divided approximately 50% maintenance and 50% new installs. The business also benefits from great word of mouth referrals. The new owner could easily increase business by improving marketing and online presence. Independent Business Valuation completed and in-hand. Live, work, and make an excellent income in the beautiful Santa Cruz vicinity. Six vehicles included in sale.



Gross sales: $1,880,200 weighted average
SDE: $228,701 weighted average
Price: $645,000 + inventory estimated at $4,000
Comfortable working capital: $20,000
Shop Size: 400 SF with 5,000 SF yard
C-10 electrical contractor license required
Some seller financing possible for approved buyer.
SBA pre-approval pending

HIGHLY CONFIDENTIAL. CALL OR EMAIL BROKER DIRECTLY FOR NDA.

Coast Business Brokerage
Broker: Rex Walters, CBB, PhD
Certified Business Broker


Lic. # 01841628