Electrical Contracting Business in Southern California
Off-MarketRiverside, CA
Electrical Contracting Business In Southern California
Request an Introduction
Sign in to request an introduction to the seller and unlock full deal details.
$12,500,000
$1,000,000
8.0%
1994
30+ Days
Customers
The business specializes in commercial and industrial projects in both private and public works sectors. Operates in Southern California, specifically in LA, Orange, Riverside, and San Bernardino counties. Work involves state jobs and schools.
Customer Acquisition
The company does not advertise, as it receives numerous bid invitations daily from general contractors and others familiar with it in the area.
Team
The company has 60 electricians employed in-house. Additional staff includes a few estimators, project managers, the owner's daughter who handles payroll, contracts, and HR, and a payables employee who works remotely.
Owner's Role
The owner's primary responsibilities include estimating, bidding, and issue resolution with project managers.
Reason for Selling
The owner is looking to retire.
Contracts
Yes. Repeat business comes from the same general contractors issuing bid invitations, though each project bid is typically new business.
Real Estate
The owner owns a building that a buyer would have the option to purchase, where the business currently operates from. The property is valued at approximately $1 million on one acre of land, with a 4,000-square-foot building featuring offices, warehouse space, and external storage containers.
When Are You Looking to Sell
3-6 months
Licenses Required
The company requires an electrical license, which can be held by a hired license holder. Multiple employees in the company hold electrical licenses and can serve as the Responsible Managing Employee (RME) as required in California.
Additional Notes
Projects typically last from three months to two years, with most larger projects spanning approximately one year.
Business ID: 1683
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence