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Businesses For Sale   >>   Architect Businesses For Sale   

Design & Build Electrical Contractor Business

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $3000000
Net Profit / Cash Flow  $400000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1991
Number of Employees  10 - 19
Inventory  40000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Transition assistance will be provided.
Reason for Sale  Eventual retirement of the owners.

Description  
This 25 year old company located in Los Angeles consistently generates $3,000,000 in revenues and $400,000 of cash flow. 85% of revenues come from existing longstanding customer relationships that include commercial businesses, schools and a large public utility. They design, build and install Generators, Uninterruptable Power Supplies, and Data Centers for commercial clients that include schools, large publicly traded utility company. Revenues are a combination of new projects together with recurring revenues from service contracts on installed projects. Currently service revenue is approximately $750,000 per annum. Company's longstanding relationships with some customer's results in "Negotiated" contracts in addition to those secured through the competitive bid process. The reputation of the business for outstanding quality in the design and installation of data centers has been well established for over 20 years. There is zero outbound sales and marketing as there are more than enough invitations to bid on work forthcoming from established customer relationships; an estimated 85% of new business comes from existing relationships with contractors, designers and architects.


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