Listing Number: 86808-347544
This second generation family electrical business is perfect for an experienced Electrician to move to a first class resort area. The Coachella Valley is a paradise for a leisure lifestyle with year round sunny skies and delightful 3 season weather.
Founded in 1958 by the father of the current owner, who has operated it for 44 years, this company enjoys an almost legendary reputation and is know for quality and integrity throughout the Coachella Valley and beyond.
This is a full service contractor serving residential, commercial and civic customers. Specialties include lighting systems, home automation, and generators.
Excellent training and environment has resulted in the top 5 key employees averaging 24 years with the company. Over the years, a solid tax strategy of investing in specialized equipment that allows access to jobs other companies cannot accomplish.
Owner has been stepping back for the last few years avoiding larger projects, but this business is ready and able to grow with new management.
This is an essential business and has remained busy during the pandemic.
Owner is open to discussing seller financing.
- Price: $425,000
- Down Payment: $425,000
- Sellers Discretionary Earnings: $236,720
- Total Sales: $1,055,528
- Location: Riverside County, California
- Inventory: $22,448
- FF&E: $218,350
- Employees: 7
- Year Established: 1958
- Reason for Selling: Retirement
- Category: Construction