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Van Nuys, CA

  • Listing No.: 130-20612

  • Category: Service - Commercial B2B

Asking Price $449,000
Down Payment
Gross Revenue $573,735
Total Adjusted Net Income $197,971
Equipment / Fixtures $25,000
Year Established 1989
General Location Van Nuys, CA
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 This is an opportunity to acquire a long established, well respected and profitable electrical contracting business that continues to thrive (even during the pandemic) and drives strong cash flow.  Established in 1989, this company has been serving the Los Angeles and Ventura County and surrounding areas handling the needs of businesses and residents alike.Currently 80% of the business comes from commercial accounts – working with local businesses as well as some of the biggest retailers in the world on a consistent basis.They work in Low voltage, Standard 120/240V, 277/480 volt (single and 3 phase, 4-wire systems; Motor Control Centers (MCC) upgrade wiring and components for refrigeration systems, factories and small manufacturing; Install Data Cat6e lines, terminate on patch panels as well as terminal locations. They also install custom LED lighting for restaurants and others per request as well as standard LED parking lot lighting upgrades. While most of their competitors fight it out on price, the Seller states that their margins remain high because they win business on the quality of their work and reputation responding when called with 24-hour service – continuing to impress with their professional approach to their customers.  Additionally, they are rewarded with repeat business and referrals time and time again due to the quality of their work and the experience they provide. The Seller is ready to retire and states that he has more work coming in than he chooses to take on – providing a fantastic opportunity to come in an immediately grow the business. This opportunity is so good it is shocking!  So, if the idea of building your own electrical contracting business charges you up - reach out for more information!

Gross Revenue $573,735 Listed Price $449,000
Total Income $197,971 Down Payment
Base Rent $2,640 Square Feet 3400
Total Rent $2,640 Lease Expiration 01/2025
Rent Deposit $5,280 Lease Options
Inventory $100,000 Leasehold Improvements $50,000
Equipment / Fixtures $25,000 Other Assets
Full-Time Employees 1 Training Period 30 Days - 30 Hours per week
Part-Time Employees 1 Special License Required (RME or RMO) c - 10 License
Contract Staff Reason for Selling Moving/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.

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