Business Description:

Serving a medium-sized Central Valley market area, this C-10 Electrical Contractor is the go-to leader for residential, commercial, and industrial electrical projects with an estimated 60% market share. They do NOT do solar, new residential construction, or electricity above 600 volts. Their commercial and industrial work includes tenant improvements, factory floor / production lines, and agricultural projects. Their customer bases is about 40% Residential, 40% Commercial, and 20% Industrial. Residential work was a little higher percentage than normal in 2020 because of COVID projects and working from home remodels. Owner is ready to retire after 30 years.