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Southern California

  • Listing No.: 106-15125

  • Category: Construction

Asking Price $750,000
Down Payment $750,000
Gross Revenue $2,231,537
Total Adjusted Net Income $239,118
Equipment/Fixtures $300,000
Year Established 1980
General Location Southern California
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This unique electrical contractor provides electrical service and maintenance for multiple cities within the county of San Diego and has existing contracts in place. In business since 1980 the seller is now ready to retire. The seller is willing to stay as an RME while buyer gets his contractor’s license at a negotiated pay. This is a good opportunity for someone already in the electrical contracting field and can add on to their existing business.  This business has been pre-approved for an SBA by lender for qualified borrowers.

Gross Revenue $2,231,537 Listed Price $750,000
Total Income $239,118 Down Payment $750,000
Base Rent $6,500 Square Feet 7684
Total Rent $6,500 Lease Expiration 12/2019
Rent Deposit $13,390 Lease Options
Inventory $74,746 Leasehold Improvements $10,488
Equipment/ Fixtures $300,000 Other Assets
Full-Time Employees 12 Training Period 2 weeks
Part-Time Employees 1 Special License Required Contractors B, C10, A
Contract Staff 0 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.