Electrical Contracting Firm Specializing in Public

Well established Electrical Contracting firm, marking over three decades of experience in the electrical services industry. The company is headquartered in Chino, California, strategically positioned to serve a diverse clientele within its a 40-mile radius service area. The services offered include planning and preparation phases that set the groundwork for successful projects, execution of electrical installations and systems, maintenance support, and specialized installations. Their client base mainly consists of school districts and industrial clients. The company employs 16 full-time staff members who are engaged both in the office and fieldwork with an additional 10 to 14 seasonal employees to manage increased workload during the summer months. Operating from a spacious 7,800 square foot facility that includes onsite storage, five office spaces along with a second-floor conference room designed with an open floor plan. The current owner remains actively involved in operations by providing general oversight of team activities. The seller is planning for retirement, to ensure a smooth transition, the current owner is willing to provide training for one year and carry 10% of the purchase price to show their vested interest in the continued success of the business moving forward. Priced at $4,000,000, a 10% down payment can return $735,396 in the first year after debt payments. There are several avenues for growth identified within this business: hiring additional staff, utilizing small business Designations, and implementing a marketing strategy to expand the businesses reach.