Profitable Electrical Business

Profitable Commercial Electrical Contractor with a premier group of long term customers in commercial property management and commercial developers.

The owner manages the business and leaves operations to staff. The field foreman supervises 8 non-union electricians in the field and there is a full-time estimator on staff that has been with the business for almost twenty years. The owner will remain as an RMO for a new owner.

The company's business concentration is in General Service & Maintenance Agreements. The company serves the entire San Francisco Bay Area with excellent distribution and top quality clients who are premier names in the market. Most work is time and materials or negotiated price. There is very little bidding on projects and the business has been built solely on referrals.

The business is operating on a near one acre site that includes several buildings and excellent facilities. The property is owned by the seller. The real estate is also for sale. Appraised value is $1.070 M. Owner will lease property to business buyer with an option to buy or sell real estate as well.

The business consists of 9 trucks, including one bucket truck, a fork lift, scissors lift and a trailer to move the equipment. There is also portable scaffolding and a well laid out operations yard. This is a great business with significant cash flow and potential.

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