Electrical Contracting Business In Poway For Sale

Business description

This very successful Electrical Contractor Business has been in business under the same ownership since 1997 and offers commercial/industrial service with an emphasis and drive towards industrial controls. With "Commitment to Quality" the company has worked on countless systems and equipment implementing and additionally designing control schemes and systems to meet customer’s needs. In addition to the controls and electrical installation services the company offers a Thermal Imaging service to aid in preventative maintenance needs. There are 6 employees who are very well experienced working in the field. A new buyer will be required to have a C-10 license or go through the process of securing the license. The Seller will agree to stay on for 6 months or so to do sub contracting as well as the use of his license in the event the buyer has not secured their license. The books and records are very solid and the business and a qualified buyer may be able to secure SBA financing. The sales in 2010 nearly doubled from 2009 to over 2 MILLION in 2007 & 2006. If you are in this field or related industry and seeking an opportunity to purchase an established business with an excellent reputation and extensive customer list then this is the perfect business to consider. There are 5trucks and approximately $30,000 Inventory included in the price. Sales through October were $968,000 and the company landed a project for $340,000 which will be completed in 2011.

Property information

Location:

Located in Poway in an industrial park

Premises details:

The office/warehouse is located in a business park with rent at only $1,000 per month for 1,300 Sq. FT. The business can be re-locatable.

Size in square feet:

1,200

Business Operation

Expansion potential:

The Company sells more than an electrical service, they sell customer "Peace of Mind" This continued philosophy will enable a new buyer to grow the business and be successful. The sales in 2007 were 2.1 million so the historical numbers are very high and can be potentially be reached again.

Reasons for selling:

The seller has been in the industry for 22 years and wants a change and may be relocating

Trading hours:

5 days and on call-7 days

Employees:

7

Years established:

1997

Other information

Support & training:

The seller will train for 30 days

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Cash/Negotiable- Possible SBA financing

Inventory / Stock value:

$30,000 (included in the asking price)

Relocatable:

This business can be relocated.