Electrical Contractor 32 yrs, OC. $2m Net
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Background
| BizEx ID: | BizEx1292-EM |
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| General Location: | Orange Co, CA |
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| Category: |
Construction
Special Trades
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| Years in Business: | 32 |
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| Under Present Owner: | 32 |
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| Hours of Operation: | 7:00 am - 5:00 pm, M-F |
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| Owner Hours: | 7:00 am - 4:00 pm, M-F |
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| Training: | 8 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | Seller owns Property |
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| Lease Options: | Yes |
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| Building Size: | 2,500 |
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| Employees: | 66 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | Accepting Offers |
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| Down Payment: | Negotiable |
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| Gross Sales: | $10,000,000 |
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| Discretionary Cash Flow: | $2,200,000 |
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| FF&E: | $143,000 |
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| Inventory Included? | Yes |
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| Inventory: | TBD |
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| Min. Operating Capital: | TBD |
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| Real Estate Available? | Yes |
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| Rent: | $4,500 |
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| Payroll: | $350 |
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|
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
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802
Cody King
M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 134
Direct: (805) 616-9488
Lic#: 01942507
OFF MARKET
