Electrical Contractor 32 yrs, OC. $2m Net

Home / Listing / Electrical Contractor 32 yrs, OC. $2m Net

Background

BizEx ID:BizEx1292-EM
General Location:Orange Co, CA
Category: Construction
Special Trades
Years in Business:32
Under Present Owner:32
Hours of Operation:7:00 am - 5:00 pm, M-F
Owner Hours:7:00 am - 4:00 pm, M-F
Training:8 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:Seller owns Property
Lease Options:Yes
Building Size:2,500
Employees:66
Reason for Sale:Retirement

Financials

Asking Price:Call
Down Payment:Negotiable
Gross Sales:$10,000,000
Discretionary Cash Flow:$2,200,000
FF&E:$143,000
Inventory Included?Yes
Inventory:TBD
Min. Operating Capital:TBD
Real Estate Available?Yes
Rent:$4,500
Payroll:$350

2019 2018 2017
Gross Sales $ 9,981,205 $ 10,872,210 $ 8,834,512
Gross Profit $ 3,981,212 $ 4,162,578 $ 3,452,454
Disc. Earnings $ 2,198,017 $ 2,279,992 $ 1,837,989




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Cody King
M&A Advisor
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 134
Direct: (805) 616-9488
Lic#: 01942507

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations