Listing Number: 16754-363208
THIS PROFITABLE, LICENSED ELECTRICAL CONTRACTOR MAY BE JUST FOR YOU!
For over 25 years general contractors and developers have relied upon this company to receive superb customer service and quality electrical installations. Consistent revenue and profitability, even during the pandemic, is just one of the many highlights of this business. What sets this operation apart from their competitors is the ability to focus on a very lucrative Niche Market. They offer full-service electrical installation on new construction and some remodels in the ever-expanding San Joaquin Valley market. With the current owners looking to retire, and the non-owner -general manager running the day-to-day operations, this company offers an excellent opportunity for a buyer to capitalize on their success.
The company utilizes minimal marketing of any kind, which opens potential for growth with the implementation of an effective marketing and advertising campaign using multiple platforms, which would at minimum, enhance the business’ internet presence resulting in getting the attention of more potential general contractors. Some other foreseeable potential growth areas include: Expansion of services, hiring additional employees, and adjusting hours of operation.
Currently, the primary licensee/owner is working part-time remotely, and the other owner will remain thru transition. Their willingness to assist the new owners, paired with a loyal customer base provides an opportunity for a fluid transition to new ownership without disruption. The ideal buyer must have or procure their own C-10 license in good standing, be preapproved for or able to obtain their own financing, be a merit shop employer, and treat employees well.
The way we look at it, this is a turnkey opportunity that is well-positioned for continued success!
- Price: $4,500,000
- Down Payment: --
- Sellers Discretionary Earnings: $1,455,740
- Total Sales: $5,892,845
- Location: Fresno County, California
- Inventory: $0
- FF&E: $0
- Reason for Selling: Retirement
- Category: Construction