May 5, 2020 — Serving Central, Bay Area and Northern California, this offering includes three synergistic companies covering High Voltage, Low Voltage and Lighting and Electrical Distribution Solutions for residential applications including new home constructions, custom installations, or aftermarket upgrades. The six-time allocated specialty trade contractor offers four-year warrantied high voltage electrical/vacuum systems and quality-based solutions. This company is operated from two buildings with over 26,000 SF of warehouse, production and office space. With bidding and delivery, a full line of low voltage electrical systems is the specialty of the second contractor. With over 9,000 SF for operations, their wide array of services include structured wiring, audio/video/security wiring smart home automation, residential wiring, sale of security and home theater systems, alarm monitoring with recurring surveillance revenue, and other custom work for custom home builders and property owners. In addition, they use top of the line brands and products for project planning and installation services. The main focus of the home-based wholesale distribution business includes providing electrical devices and supplies to electrical contractors and lighting fixture packages for new construction projects. Light fixtures, landscape lighting and supplies, structured wiring and electrical supplies are among the products supplied. Agreeing to remain for a careful transition up to 24 months, the seller has management teams in place that oversee operations and 200 employees with varying levels of mastered field experience. Collectively, the three businesses had over $33,323,000 in Gross Revenues and $4,308,000 rounded Seller's Discretionary Earnings for 2019. Meanwhile, 2020 is projecting continued growth, making this a solid opportunity for any buyer. As the business is not focused on commercial or government work, there's limitless opportunities.
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