Established over 30 year, $79,082 down with SBA financing
Established over 30 years in the greater Bay Area, this highly reputable electrical service company generates $1.3 million in annual sales with $263,331 in discretionary earnings. The business operates with a skilled team of 6 experienced electricians and 3 office staff, providing top-tier service across Marin, Sonoma, and San Francisco counties.
Specializing in residential and commercial service & repair, the company also offers Tesla and other EV charging installations and home inspections. With 85% of revenue derived from service work, the business benefits from consistent demand and a loyal customer base.
Renowned for its professionalism, rapid response times, and outstanding customer reviews, this business has built strong, long-term relationships within the community. This is a prime opportunity for a strategic buyer looking to acquire a well-established, profitable electrical service provider in a thriving market.
Summary:
* Offered at $685,000 + A/R
* $1.3 million sales
* $263K Discretionary Earnings
* $79,082 Down w/SBA Financing
* 8 employees
* 5 Service Trucks
Services:
* Residential & Commercial Electrical Service & Repair
* Telsa Charging and Powerwall installation + other EV charging installation
* Commerical TIs and maintenance services
* Home Inspections
* Residential Remolding Electrical (no tract home or new construction)
Staff;
* 3 Journeymen Electricians
* 3 Apprentice Electricians
* Office Manager, Assistant Office Manager, & PT Bookkeeper
Buyer Skills and Requirements:
The owner is actively running this business and the buyer must be willing and capable of learning to run the business. While the buyer does not necessarily have to be a trained electrician, they must be willing and capable of learning the technical aspects of this business. This is not a passive-owner business.
The owner has a C-10 Electrical Contractor License and will act as the RMO (Responsible Managing Officer) for the buyer for up to 12 months (maximum allowed by SBA). The buyer will have to obtain their C-10 license within 12 months. The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting as negotiated after the initial training period.
Reason for Selling:
The owner is retiring after over 30 years of running the business and 40 years in the electrical trade.
Inquiries from principals only
