Posting Details

Electrical Contractor For Sale - San Francisco

Highly rated electrical contractor: real estate optional

Financial information
Asking price: $299,000
Annual gross revenue: $738,000
Annual net cash flow: $160,000
Furniture, fixtures & equipment: $25,000 (included in price)
Inventory: $7,000 (included in price)

General information

Summary: this is a highly regarded, profitable, full-service electrical contractor. The firm's services include new electrical installations, re-wiring, up-grading and replacement of electrical and meter panels, troubleshooting, consultation, maintenance, tenant improvements and temporary power installation. Its client list of over 1500 includes the region's general contractors, developers, realtors, school districts, property managers and owners of commercial and residential properties.

The loyalty and appreciation of its clientele is demonstrated by the consistent 5-star ratings the firm gets on yelp. This offering presents an excellent opportunity for an individual to acquire a turn-key, profitable business with an outstanding reputation and major customer base. It also could be a very good addition for another electrical contracting business to quickly expand in the san francisco area.

Location: san francisco, ca

Facilities: the business occupies a recently renovated 1,200 sq. Ft. Building, which the seller owns. The real estate is available for purchase at a price to be determined, or the seller will provide a long-term lease at market rate for a buyer of the business who does not want to buy the real estate.

Established: 1994

Employees: the owner plus one full-time office administrator and 3 full-time, highly qualified electricians.

Competition: although there are a few electrical contractors in san francisco, most do not offer such a comprehensive range of services, and almost no other competitor is as highly rated as this business, giving this firm a distinct competitive advantage.

Growth: building upon the outstanding reputation of the business and its extensive client list, a new owner of the business should enjoy excellent growth given the high level of construction activity in the area, the demand for re-wiring older facilities and the trend toward upgrading of residences for 'smart home' technology.

Support: seller will provide up to 2 weeks, 20 hours per week, of training and introductions to ensure a smooth transfer of ownership. More time may be negotiated on a consulting basis.

Sale reason: personal

Financing: this business has been pre-qualified for sba financing assuming a buyer is credit-worthy as determined by the lending bank. Or the seller may provide some financing for a well-qualified buyer with a substantial down payment.
The listing # 242064 Electrical Contractor - San Francisco below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Electrical Contractor in San Francisco please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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