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California Lighting & Electrical Contracting Services (37570)

ConstructionFor Sale in CA

Listing ID: California Lighting & Electrical Contracting Services (37570) | Broker Listing ID: BLP249071

Financial & Assets Details

$7,982,000
$1,293,000
$243,604
$25,000
Yes
7,000+/-

About the Business

1985
31 nonunion.
Yes

Business Description

Located near the Greater Bay Area, the company is a specialty trade contractor offering a full line of lighting and electrical contracting services for residential, accounting for 90% of sales, and commercial applications. The primary products and services revolve around electrical construction services, lighting control, and design and installation services. The company operates from a leased 7,000-square foot facility which features warehouse areas and office spaces. Offering these products and services requires an Electrical Contractor License C-10. With 31 experienced employees and management in place, the owner could have a flexible schedule. The company has a proven track record supported by 50 years of ongoing business. With its broad range of products and services, the marketing efforts focus on targeting residential customers within Northern California. Due to a strong reputation and established presence in a highly sought after target market, revenues have increased steadily over the years, from 2014’s $4,091,000. Total revenue in 2018 were $7,982,751 with an EBITDA over $1,000,000. With its large, upscale customer base and solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones.

Seller Financing

nancing can be negotiable for the appropriate buyer.

Support & Training

The owner's available for a standard transitioning period up to one year.

Reason for Selling:

Other interests.

Listing ID: California Lighting & Electrical Contracting Services (37570)

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