Posting Details

Electrical Contractor - Commercial, Residential For Sale - Sonoma, SF North Bay Area

Full service electrical subcontractor specializing in high-end residential remodels and private commercial jobs (wineries, banks, government, retail) as well as automation and green solutions. With over $7M signed WIP plus new bids coming in for 2020, this highly streamlined operation has a strong track record of delivering superior craftsmanship and exceptional customer service.

A competent and motivated workforce includes California state certified journeymen, a cross-trained, strong management team and a culture focused on the highest standards of professionalism.

Competition: the company's strong reputation, complex project expertise and an elite certification for lighting & energy control, sets it apart and enables the firm to operate on a referral only basis and win >40% of bids.

Customers: established & strong working relationships with many highly-reputable general contractors in region. 2018 revenue mix: commercial (25% and trending up), residential (75%) spread over about 45 projects utilizing a base of 40, so no major customer concentration.

Growth & expansion: by leveraging its documented processes and bay area demand, this operation is highly scalable and on track for 15-20% growth, year over year. Other opportunities include the addition of a service department for both commercial and residential as well as organic geographic expansion.

Transition: seeking industry firm, or individual that MUST HAVE electrical and/or construction expertise to carry on the excellent reputation and continue servicing clients. Owner is motivated and willing to stay on in the capacity needed post-close, including as an RME (although another candidate exists on staff) or in a consultative role to ensure a smooth transition.

34 full-time employees, $160K FFE

Industry experience required. Interested candidates will need to complete an NDA, buyer profile and agency disclosure.
The listing # 253040 Electrical Contractor - Commercial, Residential - Sonoma, SF North Bay Area 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 - Commercial, Residential in Sonoma, SF North Bay Area please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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